Update latest model and policy matching results
Laura Menicacci
2024-02-05
## New names:
## • `` -> `...1`Models comparison
- Technology classes: climate change mitigation technologies, energy, solar, wind, (batteries)
- Y: Levels, Logs+1, IHS, Max normalization by technology
- Controls: gdp, pop
- Auto-regressive term = 1
- IIS=ON
- p-val = 0.01, 0.05
- Sample: top 25 patenting countries (by mean)
- Time series: 2000-2019
Batteries
Count Batteries
0.01
Formula: count_batteries~ gdp + pop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:41:16 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 9.4565e-01 1.4993e-02 63.0708 < 2.2e-16 ***
gdp 1.2302e-14 6.1456e-14 0.2002 0.8414471
pop 4.4354e-08 6.0324e-08 0.7353 0.4626000
idAUT 3.3111e+00 7.5918e+00 0.4361 0.6629676
idBEL 1.6962e-01 7.5758e+00 0.0224 0.9821483
idBRA -8.8899e+00 1.2889e+01 -0.6897 0.4907589
idCAN 3.1564e+00 7.5937e+00 0.4157 0.6778778
idCHE 8.2446e-01 7.5942e+00 0.1086 0.9136014
idCHN -2.4092e+01 7.8437e+01 -0.3072 0.7588846
idDEU 4.0177e+01 9.5706e+00 4.1980 3.308e-05 ***
idDNK -1.9031e-01 7.6145e+00 -0.0250 0.9800730
idESP -1.7292e+00 7.6778e+00 -0.2252 0.8219235
idFIN -8.0690e-02 7.6116e+00 -0.0106 0.9915470
idFRA 9.2059e+00 8.0560e+00 1.1427 0.2538145
idGBR 4.8858e+00 7.9526e+00 0.6144 0.5393131
idIND -5.4113e+01 7.2292e+01 -0.7485 0.4545686
idISR -2.1315e-01 7.5962e+00 -0.0281 0.9776276
idITA -1.0328e+00 7.8709e+00 -0.1312 0.8956643
idJPN -3.0030e+01 3.3721e+01 -0.8905 0.3736997
idKOR 5.5960e+01 6.4900e+01 0.8623 0.3890545
idNLD -5.3034e-01 7.5539e+00 -0.0702 0.9440627
idNOR -3.3781e-01 7.6228e+00 -0.0443 0.9646746
idRUS -6.9152e+00 1.0554e+01 -0.6552 0.5127040
idSGP 3.5856e-01 7.6148e+00 0.0471 0.9624666
idSWE 3.2166e-01 7.5912e+00 0.0424 0.9662226
idTWN 7.7818e+00 7.6044e+00 1.0233 0.3067562
idUSA 4.5895e+01 2.0353e+01 2.2549 0.0246662 *
time2001 -5.2582e+00 7.0999e+00 -0.7406 0.4593634
time2002 -9.4316e+00 7.0969e+00 -1.3290 0.1845977
time2003 -9.2108e+00 7.0895e+00 -1.2992 0.1946002
time2004 1.2806e+00 7.0918e+00 0.1806 0.8567928
time2005 -1.6405e+00 7.0892e+00 -0.2314 0.8171121
time2006 -4.5501e+00 7.1182e+00 -0.6392 0.5230341
time2007 4.2074e+00 7.1745e+00 0.5864 0.5578987
time2008 -3.1477e-01 7.1789e+00 -0.0438 0.9650481
time2009 1.1375e+01 7.2403e+00 1.5711 0.1169363
time2010 1.0417e+01 7.2537e+00 1.4362 0.1517237
time2011 6.4962e+00 7.2596e+00 0.8948 0.3713985
time2012 4.1716e-01 7.2488e+00 0.0575 0.9541370
time2013 -7.4695e+00 7.3822e+00 -1.0118 0.3122233
time2014 -4.7092e-01 7.2857e+00 -0.0646 0.9484948
time2015 -4.3912e+00 7.3034e+00 -0.6013 0.5480050
time2016 3.3453e+00 7.2824e+00 0.4594 0.6462111
time2017 1.4569e+01 7.2982e+00 1.9963 0.0465673 *
time2018 5.4812e+00 7.3455e+00 0.7462 0.4559713
time2019 -8.3979e+00 7.3910e+00 -1.1362 0.2565239
iis130 9.7645e+01 2.8242e+01 3.4574 0.0006027 ***
iis311 1.1839e+02 2.6670e+01 4.4391 1.164e-05 ***
iis313 2.2557e+02 3.1416e+01 7.1802 3.320e-12 ***
iis314 6.5915e+02 2.9431e+01 22.3963 < 2.2e-16 ***
iis315 4.4730e+02 2.6641e+01 16.7901 < 2.2e-16 ***
iis317 -3.1691e+02 2.6775e+01 -11.8362 < 2.2e-16 ***
iis321 2.7728e+02 3.4053e+01 8.1425 4.755e-15 ***
iis323 -5.7960e+02 3.3602e+01 -17.2490 < 2.2e-16 ***
iis332 1.6384e+02 3.4040e+01 4.8133 2.094e-06 ***
iis333 1.9226e+02 3.0352e+01 6.3344 6.300e-10 ***
iis336 2.0215e+02 2.6817e+01 7.5381 3.115e-13 ***
iis337 -2.6628e+02 2.6603e+01 -10.0096 < 2.2e-16 ***
iis338 -2.7026e+02 2.5792e+01 -10.4787 < 2.2e-16 ***
iis469 1.8911e+02 2.4514e+01 7.7142 9.433e-14 ***
fesisCHN.2016 1.8570e+02 1.8341e+01 10.1244 < 2.2e-16 ***
fesisJPN.2003 1.3086e+02 2.0608e+01 6.3499 5.750e-10 ***
fesisJPN.2008 -1.3964e+02 2.7008e+01 -5.1704 3.666e-07 ***
fesisJPN.2009 1.5100e+02 3.0754e+01 4.9098 1.321e-06 ***
fesisJPN.2017 1.1382e+02 2.7012e+01 4.2139 3.093e-05 ***
fesisKOR.2006 -7.2381e+01 2.1718e+01 -3.3328 0.0009384 ***
fesisKOR.2009 1.5729e+02 3.0436e+01 5.1680 3.712e-07 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.65317 1 0.4189818
Ljung-Box ARCH(1) 13.42588 1 0.0002482 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 23.26235
R-squared 0.99747
Log-lik.(n=475) -2135.24290 0.05
Formula: count_batteries~ gdp + pop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:41:24 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 9.4085e-01 9.3998e-03 100.0928 < 2.2e-16 ***
gdp -8.0108e-14 4.8675e-14 -1.6458 0.100581
pop 2.4681e-07 9.7862e-08 2.5221 0.012048 *
idAUT 6.0051e+00 7.6092e+00 0.7892 0.430458
idBEL 2.3062e+00 7.5686e+00 0.3047 0.760749
idBRA -4.3935e+01 1.8580e+01 -2.3646 0.018518 *
idCAN 8.8746e-01 7.5831e+00 0.1170 0.906893
idCHE 3.6260e+00 7.6178e+00 0.4760 0.634332
idCHN -2.8363e+02 1.2758e+02 -2.2231 0.026757 *
idDEU 2.9657e+01 9.8290e+00 3.0173 0.002711 **
idDNK 3.1515e+00 7.6623e+00 0.4113 0.681072
idESP -6.4911e+00 7.8275e+00 -0.8293 0.407437
idFIN 3.1456e+00 7.6644e+00 0.4104 0.681721
idFRA 9.7230e-01 8.5834e+00 0.1133 0.909866
idGBR -3.1823e+00 8.4801e+00 -0.3753 0.707656
idIND -2.6854e+02 1.1021e+02 -2.4366 0.015257 *
idISR 2.6650e+00 7.6216e+00 0.3497 0.726775
idITA -8.4886e+00 8.3184e+00 -1.0205 0.308112
idJPN 1.5324e+02 2.8113e+01 5.4510 8.711e-08 ***
idKOR 1.1146e+02 5.5773e+01 1.9985 0.046327 *
idNLD 4.8344e-01 7.5087e+00 0.0644 0.948697
idNOR 3.2231e+00 7.6775e+00 0.4198 0.674843
idRUS -2.4645e+01 1.4175e+01 -1.7386 0.082856 .
idSGP 3.6883e+00 7.6732e+00 0.4807 0.631005
idSWE 3.0841e+00 7.5943e+00 0.4061 0.684877
idTWN 7.8028e+00 7.5129e+00 1.0386 0.299620
idUSA -7.8591e+00 2.9008e+01 -0.2709 0.786584
time2001 -7.9729e+00 7.1889e+00 -1.1091 0.268057
time2002 -1.1401e+01 7.2070e+00 -1.5819 0.114450
time2003 -1.2732e+01 7.2055e+00 -1.7670 0.077973 .
time2004 -8.0698e+00 7.2799e+00 -1.1085 0.268298
time2005 -5.0966e+00 7.2533e+00 -0.7027 0.482667
time2006 -1.0818e+01 7.2815e+00 -1.4856 0.138154
time2007 2.7765e+00 7.3192e+00 0.3793 0.704631
time2008 -5.7476e+00 7.3993e+00 -0.7768 0.437747
time2009 7.8451e+00 7.3064e+00 1.0737 0.283580
time2010 6.7643e+00 7.3366e+00 0.9220 0.357085
time2011 1.8392e+00 7.3431e+00 0.2505 0.802358
time2012 -4.3415e+00 7.3445e+00 -0.5911 0.554769
time2013 -1.1616e+01 7.5118e+00 -1.5464 0.122792
time2014 -5.0011e+00 7.4472e+00 -0.6715 0.502253
time2015 -9.0889e+00 7.4887e+00 -1.2137 0.225572
time2016 -1.1452e+00 7.4511e+00 -0.1537 0.877925
time2017 1.0841e+01 7.5377e+00 1.4382 0.151144
time2018 2.0596e+00 7.5739e+00 0.2719 0.785808
time2019 -1.3756e+01 7.6082e+00 -1.8080 0.071339 .
iis130 2.7517e+02 2.5009e+01 11.0028 < 2.2e-16 ***
iis131 1.6355e+02 2.5500e+01 6.4138 3.952e-10 ***
iis132 1.6025e+02 2.5920e+01 6.1824 1.539e-09 ***
iis133 2.0885e+02 2.6361e+01 7.9227 2.257e-14 ***
iis305 -1.4847e+02 2.5374e+01 -5.8513 1.005e-08 ***
iis306 -1.6687e+02 2.5502e+01 -6.5432 1.818e-10 ***
iis312 -1.5871e+02 2.4988e+01 -6.3513 5.729e-10 ***
iis313 2.1278e+02 2.5137e+01 8.4649 4.723e-16 ***
iis314 6.4977e+02 2.4884e+01 26.1126 < 2.2e-16 ***
iis315 4.4243e+02 2.5472e+01 17.3693 < 2.2e-16 ***
iis317 -3.1881e+02 2.6420e+01 -12.0670 < 2.2e-16 ***
iis321 2.7527e+02 3.3548e+01 8.2052 3.077e-15 ***
iis323 -5.7736e+02 3.3363e+01 -17.3053 < 2.2e-16 ***
iis327 1.4624e+02 2.5247e+01 5.7922 1.394e-08 ***
iis332 1.2651e+02 3.0681e+01 4.1234 4.529e-05 ***
iis333 1.6492e+02 2.8383e+01 5.8105 1.260e-08 ***
iis336 1.9045e+02 2.6215e+01 7.2648 1.926e-12 ***
iis337 -2.7164e+02 2.5926e+01 -10.4773 < 2.2e-16 ***
iis338 -2.7222e+02 2.5522e+01 -10.6659 < 2.2e-16 ***
iis469 1.8809e+02 2.4288e+01 7.7441 7.756e-14 ***
fesisIND.2009 -4.1051e+01 1.8809e+01 -2.1825 0.029642 *
fesisJPN.2017 1.1454e+02 2.6815e+01 4.2715 2.421e-05 ***
fesisKOR.2009 1.8531e+02 2.8960e+01 6.3986 4.328e-10 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.0001548 1 0.9901
Ljung-Box ARCH(1) 16.0006575 1 6.332e-05 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 23.08593
R-squared 0.99752
Log-lik.(n=475) -2130.62681 Log Count Batteries
0.01
Formula: log_count_batteries~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:40:29 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.2629694 0.0386558 6.8028 3.615e-11 ***
lgdp 1.0796978 0.1526875 7.0713 6.597e-12 ***
lpop -1.8323715 0.5294250 -3.4611 0.0005941 ***
idAUT -0.0862810 0.4624248 -0.1866 0.8520785
idBEL -0.0012572 0.3483938 -0.0036 0.9971226
idBRA 2.2512237 1.1013819 2.0440 0.0415874 *
idCAN 1.6529589 0.2561590 6.4529 3.079e-10 ***
idCHE -0.5991634 0.5043696 -1.1879 0.2355377
idCHN 6.1199556 2.0152800 3.0368 0.0025428 **
idDEU 4.1832255 0.6993176 5.9819 4.784e-09 ***
idDNK -3.2300308 0.7570394 -4.2667 2.463e-05 ***
idESP 1.3832696 0.4204991 3.2896 0.0010894 **
idFIN -0.9286913 0.6748081 -1.3762 0.1694961
idFRA 3.2066339 0.5820541 5.5092 6.354e-08 ***
idGBR 2.8641341 0.5695001 5.0292 7.358e-07 ***
idIND 3.3374687 1.9371668 1.7229 0.0856623 .
idISR -1.3379022 0.5408598 -2.4737 0.0137750 *
idITA 2.0564183 0.5313804 3.8700 0.0001265 ***
idJPN 0.6599998 0.9357865 0.7053 0.4810280
idKOR -2.7837695 0.8787346 -3.1679 0.0016494 **
idNLD 0.8551521 0.1986495 4.3048 2.089e-05 ***
idNOR -4.2569108 0.8584746 -4.9587 1.038e-06 ***
idRUS -0.5712293 0.9086579 -0.6287 0.5299247
idSGP -1.3713752 0.7237164 -1.8949 0.0588029 .
idSWE -2.5369301 0.5316883 -4.7715 2.542e-06 ***
idTWN 2.0363479 0.1681809 12.1081 < 2.2e-16 ***
idUSA 5.2157765 1.3050140 3.9967 7.606e-05 ***
time2001 1.9406439 7.9397767 0.2444 0.8070266
time2002 1.7741456 7.9435817 0.2233 0.8233788
time2003 1.8800962 7.9465087 0.2366 0.8130891
time2004 1.8956354 7.9496893 0.2385 0.8116472
time2005 2.0077357 7.9528431 0.2525 0.8008149
time2006 2.1035634 7.9574828 0.2644 0.7916418
time2007 2.1892390 7.9623397 0.2749 0.7834928
time2008 2.1940424 7.9675334 0.2754 0.7831675
time2009 2.4509103 7.9713498 0.3075 0.7586445
time2010 2.5675341 7.9751016 0.3219 0.7476582
time2011 2.6558590 7.9785399 0.3329 0.7393973
time2012 2.6444612 7.9827450 0.3313 0.7406069
time2013 2.6717605 7.9862213 0.3345 0.7381372
time2014 2.5758152 7.9898485 0.3224 0.7473234
time2015 2.6059892 7.9944211 0.3260 0.7446076
time2016 2.7507061 7.9979308 0.3439 0.7310761
time2017 2.7994817 8.0007814 0.3499 0.7265913
time2018 2.9246770 8.0041075 0.3654 0.7150021
time2019 2.7338066 8.0048980 0.3415 0.7328883
iis74 -1.3769242 0.3410370 -4.0375 6.441e-05 ***
iis98 -0.9993545 0.3120536 -3.2025 0.0014678 **
iis153 -1.2005003 0.3191463 -3.7616 0.0001932 ***
iis274 1.3151596 0.3118174 4.2177 3.035e-05 ***
iis285 -1.1699073 0.3166254 -3.6949 0.0002496 ***
iis351 -0.8223680 0.3156088 -2.6057 0.0095012 **
iis367 -1.0010578 0.3125314 -3.2031 0.0014651 **
iis378 0.9412451 0.3123331 3.0136 0.0027408 **
iis385 1.0913902 0.3146482 3.4686 0.0005782 ***
fesisAUT.2009 0.6442568 0.1444635 4.4597 1.059e-05 ***
fesisBRA.2010 -0.8700991 0.1721007 -5.0558 6.456e-07 ***
fesisBRA.2015 0.8489734 0.2042615 4.1563 3.934e-05 ***
fesisDNK.2012 -1.2729440 0.2365428 -5.3815 1.241e-07 ***
fesisDNK.2014 1.1148697 0.2474338 4.5057 8.623e-06 ***
fesisNLD.2007 -0.5254895 0.1563256 -3.3615 0.0008474 ***
fesisRUS.2015 -0.8356962 0.1678316 -4.9794 9.389e-07 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.34309 1 0.55805
Ljung-Box ARCH(1) 3.79973 1 0.05126 .
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.29664
R-squared 0.97799
Log-lik.(n=475) -65.76012 0.05
Formula: log_count_batteries~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:41:58 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.255394 0.035004 7.2961 1.637e-12 ***
lgdp 0.926090 0.150686 6.1458 1.946e-09 ***
lpop -1.842867 0.521909 -3.5310 0.0004628 ***
idAUT -0.399864 0.451035 -0.8865 0.3758621
idBEL -0.171338 0.340137 -0.5037 0.6147314
idBRA 2.246655 1.086565 2.0677 0.0393220 *
idCAN 1.641947 0.244667 6.7110 6.730e-11 ***
idCHE -0.797977 0.495364 -1.6109 0.1080020
idCHN 6.558843 1.980529 3.3117 0.0010128 **
idDEU 3.989169 0.705413 5.6551 2.992e-08 ***
idDNK -3.327617 0.745884 -4.4613 1.064e-05 ***
idESP 1.359251 0.412889 3.2921 0.0010841 **
idFIN -1.354584 0.661937 -2.0464 0.0413793 *
idFRA 3.229599 0.565702 5.7090 2.235e-08 ***
idGBR 2.857144 0.555105 5.1470 4.181e-07 ***
idIND 3.939392 1.901484 2.0717 0.0389376 *
idISR -1.468976 0.532274 -2.7598 0.0060528 **
idITA 2.034488 0.520001 3.9125 0.0001075 ***
idJPN 1.558862 0.913744 1.7060 0.0887912 .
idKOR -1.751729 0.870555 -2.0122 0.0448773 *
idNLD 0.662712 0.185302 3.5764 0.0003916 ***
idNOR -4.185602 0.844545 -4.9560 1.069e-06 ***
idRUS -0.169286 0.886660 -0.1909 0.8486818
idSGP -2.210034 0.772204 -2.8620 0.0044340 **
idSWE -2.457492 0.524301 -4.6872 3.819e-06 ***
idTWN 1.924786 0.155079 12.4116 < 2.2e-16 ***
idUSA 5.587500 1.272811 4.3899 1.458e-05 ***
time2001 6.455647 7.782333 0.8295 0.4073079
time2002 6.273437 7.786075 0.8057 0.4208861
time2003 6.484743 7.789816 0.8325 0.4056499
time2004 6.474916 7.791410 0.8310 0.4064572
time2005 6.553217 7.793261 0.8409 0.4009225
time2006 6.671563 7.796825 0.8557 0.3926952
time2007 6.739532 7.803883 0.8636 0.3883248
time2008 6.778882 7.808185 0.8682 0.3858250
time2009 7.001926 7.812570 0.8962 0.3706713
time2010 7.121988 7.816010 0.9112 0.3627430
time2011 7.184531 7.818734 0.9189 0.3587156
time2012 7.174876 7.823559 0.9171 0.3596572
time2013 7.243987 7.826336 0.9256 0.3552237
time2014 7.174137 7.829160 0.9163 0.3600501
time2015 7.182003 7.833998 0.9168 0.3598206
time2016 7.311999 7.837801 0.9329 0.3514340
time2017 7.340949 7.840141 0.9363 0.3496761
time2018 7.484825 7.843217 0.9543 0.3405127
time2019 7.296163 7.843764 0.9302 0.3528427
iis4 -0.856368 0.274288 -3.1221 0.0019275 **
iis41 -1.006182 0.272290 -3.6953 0.0002506 ***
iis54 -0.962807 0.272110 -3.5383 0.0004506 ***
iis59 0.656348 0.280744 2.3379 0.0198916 *
iis74 -1.008608 0.327114 -3.0834 0.0021906 **
iis98 -1.078712 0.272523 -3.9582 8.953e-05 ***
iis153 -1.109894 0.275145 -4.0339 6.588e-05 ***
iis164 -0.997903 0.272702 -3.6593 0.0002872 ***
iis165 -1.416508 0.274211 -5.1658 3.807e-07 ***
iis177 -0.813278 0.273657 -2.9719 0.0031409 **
iis179 -0.733643 0.272601 -2.6913 0.0074205 **
iis191 0.896562 0.272535 3.2897 0.0010929 **
iis274 1.276733 0.272275 4.6891 3.785e-06 ***
iis285 -1.114546 0.277408 -4.0177 7.036e-05 ***
iis351 -0.822671 0.275297 -2.9883 0.0029805 **
iis367 -1.066403 0.273763 -3.8953 0.0001151 ***
iis375 -0.858932 0.272638 -3.1505 0.0017543 **
iis378 0.927992 0.272998 3.3993 0.0007445 ***
iis382 0.817829 0.280776 2.9127 0.0037862 **
iis385 1.240749 0.277716 4.4677 1.034e-05 ***
iis386 0.665478 0.279570 2.3804 0.0177691 *
iis392 0.563079 0.278657 2.0207 0.0439863 *
iis410 0.793007 0.274227 2.8918 0.0040423 **
fesisAUT.2009 0.649714 0.146009 4.4498 1.119e-05 ***
fesisAUT.2015 -0.749582 0.285539 -2.6252 0.0089973 **
fesisAUT.2016 1.003814 0.295464 3.3974 0.0007494 ***
fesisBRA.2010 -0.755191 0.153894 -4.9072 1.353e-06 ***
fesisBRA.2015 1.182694 0.222522 5.3150 1.788e-07 ***
fesisBRA.2017 -0.679551 0.265433 -2.5602 0.0108335 *
fesisCHN.2016 0.417697 0.172312 2.4241 0.0157957 *
fesisDEU.2007 0.401427 0.138379 2.9009 0.0039288 **
fesisNLD.2007 -0.511803 0.136844 -3.7400 0.0002112 ***
fesisRUS.2015 -0.650835 0.152199 -4.2762 2.387e-05 ***
fesisSGP.2004 0.576018 0.179638 3.2065 0.0014528 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.053124 1 0.81771
Ljung-Box ARCH(1) 3.401648 1 0.06513 .
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.25874
R-squared 0.98399
Log-lik.(n=475) 8.18005 Ihs Count Batteries
0.01
Formula: ihs_count_batteries~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:44:55 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.236366 0.036614 6.4557 3.049e-10 ***
lgdp 1.010185 0.165308 6.1109 2.306e-09 ***
lpop -1.868980 0.605219 -3.0881 0.0021513 **
idAUT -0.256028 0.543323 -0.4712 0.6377295
idBEL -0.047777 0.409912 -0.1166 0.9072699
idBRA 2.083963 1.270921 1.6397 0.1018290
idCAN 1.779751 0.288301 6.1732 1.610e-09 ***
idCHE -0.664676 0.587523 -1.1313 0.2585817
idCHN 6.651066 2.335790 2.8475 0.0046286 **
idDEU 4.437661 0.793585 5.5919 4.108e-08 ***
idDNK -3.433195 0.862279 -3.9815 8.099e-05 ***
idESP 1.296802 0.476016 2.7243 0.0067197 **
idFIN -1.236075 0.791177 -1.5623 0.1189829
idFRA 3.393930 0.660640 5.1373 4.318e-07 ***
idGBR 3.014013 0.646790 4.6600 4.283e-06 ***
idIND 3.778825 2.259925 1.6721 0.0952671 .
idISR -1.400352 0.624666 -2.2418 0.0255109 *
idITA 2.138468 0.606338 3.5269 0.0004680 ***
idJPN 1.345167 1.098768 1.2243 0.2215608
idKOR -2.093078 0.992109 -2.1097 0.0354874 *
idNLD 0.844913 0.226808 3.7252 0.0002225 ***
idNOR -4.352986 0.969881 -4.4882 9.346e-06 ***
idRUS -0.219781 1.071267 -0.2052 0.8375491
idSGP -2.412374 0.925232 -2.6073 0.0094584 **
idSWE -2.510752 0.595216 -4.2182 3.033e-05 ***
idTWN 2.122340 0.177409 11.9630 < 2.2e-16 ***
idUSA 5.664596 1.506940 3.7590 0.0001954 ***
time2001 4.956185 9.353576 0.5299 0.5964884
time2002 4.747762 9.358203 0.5073 0.6121912
time2003 4.929433 9.361911 0.5265 0.5987969
time2004 4.851531 9.362591 0.5182 0.6046105
time2005 5.019004 9.366292 0.5359 0.5923471
time2006 5.138092 9.371696 0.5483 0.5838143
time2007 5.240198 9.377324 0.5588 0.5765924
time2008 5.240836 9.383250 0.5585 0.5767867
time2009 5.522958 9.387454 0.5883 0.5566321
time2010 5.655577 9.391690 0.6022 0.5473809
time2011 5.755483 9.395602 0.6126 0.5404990
time2012 5.737820 9.400059 0.6104 0.5419334
time2013 5.788131 9.404278 0.6155 0.5385802
time2014 5.716833 9.407775 0.6077 0.5437420
time2015 5.715846 9.413495 0.6072 0.5440563
time2016 5.911350 9.417834 0.6277 0.5305655
time2017 5.965852 9.421364 0.6332 0.5269392
time2018 6.065001 9.424781 0.6435 0.5202489
time2019 5.861696 9.425488 0.6219 0.5343544
iis41 -1.369230 0.347125 -3.9445 9.406e-05 ***
iis54 -1.116702 0.346772 -3.2203 0.0013827 **
iis74 -1.817356 0.379391 -4.7902 2.332e-06 ***
iis98 -1.282930 0.347428 -3.6926 0.0002520 ***
iis153 -1.556618 0.350132 -4.4458 1.129e-05 ***
iis164 -1.263645 0.347310 -3.6384 0.0003094 ***
iis165 -1.832958 0.349440 -5.2454 2.505e-07 ***
iis274 1.411279 0.346810 4.0693 5.658e-05 ***
iis285 -1.242008 0.352886 -3.5196 0.0004807 ***
iis351 -0.937014 0.350923 -2.6701 0.0078833 **
iis367 -1.446814 0.347697 -4.1611 3.861e-05 ***
iis375 -1.144638 0.346952 -3.2991 0.0010546 **
iis385 1.193160 0.349996 3.4091 0.0007164 ***
fesisAUT.2009 0.722412 0.160423 4.5032 8.739e-06 ***
fesisBRA.2010 -0.992694 0.190834 -5.2019 3.123e-07 ***
fesisBRA.2015 1.130114 0.227246 4.9731 9.708e-07 ***
fesisNLD.2007 -0.589370 0.173168 -3.4035 0.0007309 ***
fesisRUS.2015 -0.904764 0.185304 -4.8826 1.503e-06 ***
fesisSGP.2004 0.933627 0.227822 4.0981 5.023e-05 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.44237 1 0.505982
Ljung-Box ARCH(1) 10.25252 1 0.001365 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.32992
R-squared 0.97609
Log-lik.(n=475) -114.76552 0.05
Formula: ihs_count_batteries~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:45:11 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.262189 0.033813 7.7541 7.830e-14 ***
lgdp 1.034035 0.146883 7.0398 8.728e-12 ***
lpop -2.165412 0.578329 -3.7443 0.0002082 ***
idAUT -0.478951 0.523224 -0.9154 0.3605557
idBEL -0.267154 0.389931 -0.6851 0.4936681
idBRA 2.604217 1.219745 2.1350 0.0333796 *
idCAN 2.101572 0.281920 7.4545 5.886e-13 ***
idCHE -1.010256 0.565036 -1.7880 0.0745602 .
idCHN 7.661846 2.235108 3.4280 0.0006729 ***
idDEU 4.673583 0.750451 6.2277 1.226e-09 ***
idDNK -3.874656 0.820234 -4.7238 3.235e-06 ***
idESP 1.582682 0.449961 3.5174 0.0004872 ***
idFIN -0.629443 0.797904 -0.7889 0.4306668
idFRA 3.597081 0.624829 5.7569 1.737e-08 ***
idGBR 3.227727 0.612319 5.2713 2.248e-07 ***
idIND 4.819415 2.168835 2.2221 0.0268482 *
idISR -1.665100 0.658104 -2.5301 0.0117942 *
idITA 2.361372 0.575813 4.1009 5.011e-05 ***
idJPN 1.539780 1.020127 1.5094 0.1320061
idKOR -2.175598 0.884878 -2.4586 0.0143801 *
idNLD 0.714408 0.210579 3.3926 0.0007632 ***
idNOR -5.362735 0.953640 -5.6234 3.574e-08 ***
idRUS 0.060728 1.017026 0.0597 0.9524157
idSGP -2.574337 0.890314 -2.8915 0.0040488 **
idSWE -2.837561 0.562238 -5.0469 6.901e-07 ***
idTWN 2.045143 0.158963 12.8655 < 2.2e-16 ***
idUSA 6.230237 1.436132 4.3382 1.832e-05 ***
time2001 9.238643 8.962080 1.0309 0.3032457
time2002 9.003765 8.966066 1.0042 0.3159026
time2003 9.248681 8.971416 1.0309 0.3032241
time2004 9.282743 8.972000 1.0346 0.3014806
time2005 9.371857 8.973211 1.0444 0.2969351
time2006 9.486949 8.974254 1.0571 0.2911069
time2007 9.572610 8.979704 1.0660 0.2870708
time2008 9.611378 8.984987 1.0697 0.2854091
time2009 9.858175 8.989013 1.0967 0.2734529
time2010 9.981345 8.992429 1.1100 0.2676950
time2011 10.040773 8.995141 1.1162 0.2650050
time2012 10.057290 8.999620 1.1175 0.2644584
time2013 10.109022 9.003612 1.1228 0.2622242
time2014 10.038285 9.007143 1.1145 0.2657595
time2015 10.018963 9.012378 1.1117 0.2669567
time2016 10.214093 9.016354 1.1328 0.2579771
time2017 10.238885 9.019038 1.1353 0.2569668
time2018 10.397478 9.022232 1.1524 0.2498509
time2019 10.190805 9.023124 1.1294 0.2594192
iis4 -1.075365 0.307875 -3.4929 0.0005326 ***
iis24 -0.662184 0.316164 -2.0944 0.0368661 *
iis41 -1.349971 0.304642 -4.4313 1.219e-05 ***
iis54 -1.100499 0.303678 -3.6239 0.0003286 ***
iis59 0.793778 0.313708 2.5303 0.0117887 *
iis74 -1.387737 0.365810 -3.7936 0.0001720 ***
iis98 -1.288380 0.305206 -4.2213 3.024e-05 ***
iis153 -1.531505 0.307701 -4.9772 9.697e-07 ***
iis164 -1.266951 0.304079 -4.1665 3.812e-05 ***
iis165 -1.808936 0.306226 -5.9072 7.585e-09 ***
iis177 -1.040381 0.305476 -3.4058 0.0007283 ***
iis179 -0.917318 0.304357 -3.0140 0.0027471 **
iis194 -1.013046 0.304631 -3.3255 0.0009663 ***
iis274 1.317074 0.308625 4.2676 2.484e-05 ***
iis285 -1.259728 0.310565 -4.0562 6.024e-05 ***
iis351 -0.956005 0.307243 -3.1116 0.0019980 **
iis367 -1.455742 0.310656 -4.6860 3.855e-06 ***
iis375 -1.109445 0.308236 -3.5993 0.0003601 ***
iis378 1.080931 0.308443 3.5045 0.0005106 ***
iis382 0.927532 0.311722 2.9755 0.0031071 **
iis385 1.314946 0.309474 4.2490 2.689e-05 ***
iis386 0.681168 0.310742 2.1921 0.0289653 *
iis402 -0.726812 0.362677 -2.0040 0.0457591 *
iis410 0.910886 0.306174 2.9751 0.0031116 **
fesisAUT.2009 0.626477 0.146022 4.2903 2.253e-05 ***
fesisBRA.2010 -0.876729 0.171665 -5.1072 5.125e-07 ***
fesisBRA.2015 1.545488 0.248381 6.2222 1.265e-09 ***
fesisBRA.2017 -0.832873 0.296370 -2.8102 0.0051999 **
fesisCAN.2006 -0.391517 0.157456 -2.4865 0.0133175 *
fesisFIN.2002 -1.010403 0.304837 -3.3146 0.0010037 **
fesisISR.2005 -0.938460 0.331324 -2.8325 0.0048589 **
fesisISR.2006 0.877467 0.311293 2.8188 0.0050663 **
fesisNLD.2007 -0.573754 0.152617 -3.7594 0.0001964 ***
fesisNOR.2003 0.966965 0.366297 2.6398 0.0086273 **
fesisNOR.2004 -1.088773 0.420005 -2.5923 0.0098923 **
fesisNOR.2005 1.311638 0.419100 3.1297 0.0018818 **
fesisNOR.2006 -0.696110 0.309876 -2.2464 0.0252367 *
fesisRUS.2015 -0.766579 0.165287 -4.6379 4.812e-06 ***
fesisSGP.2004 0.587480 0.235164 2.4982 0.0128943 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 1.9029 1 0.16775
Ljung-Box ARCH(1) 6.3288 1 0.01188 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.28882
R-squared 0.98257
Log-lik.(n=475) -41.56384 Max Count Batteries
0.01
Formula: max_count_batteries~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:45:57 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.9358058 0.0099633 93.9249 < 2.2e-16 ***
lgdp 0.0055439 0.0047362 1.1705 0.242464
lpop -0.0218821 0.0163878 -1.3353 0.182529
idAUT -0.0112005 0.0139044 -0.8055 0.420977
idBEL -0.0076689 0.0104169 -0.7362 0.462035
idBRA 0.0428685 0.0341563 1.2551 0.210169
idCAN 0.0102711 0.0074552 1.3777 0.169045
idCHE -0.0170979 0.0153778 -1.1119 0.266853
idCHN 0.0853248 0.0614930 1.3876 0.166027
idDEU 0.0422591 0.0208997 2.0220 0.043826 *
idDNK -0.0315789 0.0232209 -1.3599 0.174597
idESP 0.0178012 0.0132142 1.3471 0.178682
idFIN -0.0199105 0.0203117 -0.9803 0.327541
idFRA 0.0264361 0.0174138 1.5181 0.129757
idGBR 0.0248923 0.0172062 1.4467 0.148743
idIND 0.0666651 0.0589764 1.1304 0.258981
idISR -0.0207544 0.0165608 -1.2532 0.210840
idITA 0.0215219 0.0163050 1.3200 0.187585
idJPN 0.0590804 0.0299450 1.9730 0.049171 *
idKOR -0.0018974 0.0277469 -0.0684 0.945516
idNLD -0.0014953 0.0052270 -0.2861 0.774973
idNOR -0.0365741 0.0262976 -1.3908 0.165048
idRUS 0.0195353 0.0269177 0.7257 0.468411
idSGP -0.0240086 0.0219184 -1.0954 0.274000
idSWE -0.0234285 0.0165821 -1.4129 0.158450
idTWN 0.0070407 0.0041474 1.6976 0.090337 .
idUSA 0.0680570 0.0396406 1.7168 0.086762 .
time2001 0.2122693 0.2387154 0.8892 0.374409
time2002 0.2110896 0.2388183 0.8839 0.377273
time2003 0.2107035 0.2389008 0.8820 0.378309
time2004 0.2144701 0.2389962 0.8974 0.370044
time2005 0.2134464 0.2391088 0.8927 0.372555
time2006 0.2113493 0.2392240 0.8835 0.377496
time2007 0.2162421 0.2393477 0.9035 0.366810
time2008 0.2133682 0.2395082 0.8909 0.373527
time2009 0.2186320 0.2396506 0.9123 0.362149
time2010 0.2183047 0.2397735 0.9105 0.363114
time2011 0.2169055 0.2398855 0.9042 0.366418
time2012 0.2149186 0.2400413 0.8953 0.371131
time2013 0.2121433 0.2401225 0.8835 0.377495
time2014 0.2147566 0.2402423 0.8939 0.371891
time2015 0.2134219 0.2403469 0.8880 0.375075
time2016 0.2163412 0.2404502 0.8997 0.368790
time2017 0.2204861 0.2405530 0.9166 0.359901
time2018 0.2173241 0.2406698 0.9030 0.367058
time2019 0.2124003 0.2407715 0.8822 0.378204
iis130 0.0340937 0.0104804 3.2531 0.001236 **
iis305 -0.0526448 0.0096394 -5.4614 8.205e-08 ***
iis306 -0.0594245 0.0096836 -6.1366 1.989e-09 ***
iis312 -0.0573233 0.0094914 -6.0395 3.468e-09 ***
iis313 0.0780272 0.0095462 8.1737 3.766e-15 ***
iis314 0.2361335 0.0094522 24.9819 < 2.2e-16 ***
iis315 0.1618243 0.0096783 16.7203 < 2.2e-16 ***
iis317 -0.1143766 0.0100262 -11.4077 < 2.2e-16 ***
iis321 0.0992477 0.0127282 7.7975 5.272e-14 ***
iis323 -0.2098944 0.0126601 -16.5793 < 2.2e-16 ***
iis332 0.0557188 0.0101106 5.5110 6.319e-08 ***
iis333 0.0672845 0.0098548 6.8276 3.124e-11 ***
iis336 0.0730898 0.0096873 7.5449 2.950e-13 ***
iis337 -0.0955747 0.0097251 -9.8276 < 2.2e-16 ***
iis338 -0.0976002 0.0096753 -10.0876 < 2.2e-16 ***
iis469 0.0692933 0.0092264 7.5104 3.722e-13 ***
fesisCHN.2016 0.0671700 0.0067306 9.9798 < 2.2e-16 ***
fesisJPN.2017 0.0415864 0.0101577 4.0941 5.107e-05 ***
fesisKOR.2009 0.0445884 0.0057653 7.7339 8.164e-14 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.81256 1 0.3673644
Ljung-Box ARCH(1) 10.83782 1 0.0009945 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00877
R-squared 0.99726
Log-lik.(n=475) 1608.36962 0.05
Formula: max_count_batteries~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:45:57 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.9256844 0.0092144 100.4604 < 2.2e-16 ***
lgdp 0.0090266 0.0040648 2.2207 0.0269279 *
lpop -0.0447472 0.0141532 -3.1616 0.0016873 **
idAUT -0.0275932 0.0119515 -2.3088 0.0214610 *
idBEL -0.0188294 0.0089407 -2.1060 0.0358167 *
idBRA 0.0899773 0.0294798 3.0522 0.0024220 **
idCAN 0.0198978 0.0064279 3.0956 0.0021013 **
idCHE -0.0372730 0.0132511 -2.8128 0.0051504 **
idCHN 0.1686504 0.0530486 3.1792 0.0015907 **
idDEU 0.0772801 0.0181159 4.2659 2.483e-05 ***
idDNK -0.0637619 0.0200544 -3.1794 0.0015892 **
idESP 0.0357084 0.0114090 3.1298 0.0018761 **
idFIN -0.0451078 0.0174780 -2.5808 0.0102080 *
idFRA 0.0504739 0.0150395 3.3561 0.0008654 ***
idGBR 0.0486149 0.0148575 3.2721 0.0011593 **
idIND 0.1450793 0.0508349 2.8539 0.0045404 **
idISR -0.0432528 0.0142871 -3.0274 0.0026247 **
idITA 0.0439231 0.0140760 3.1204 0.0019356 **
idJPN 0.0846451 0.0257471 3.2876 0.0010990 **
idKOR 0.0041203 0.0237209 0.1737 0.8621903
idNLD -0.0048018 0.0044668 -1.0750 0.2830164
idNOR -0.0730064 0.0227162 -3.2138 0.0014148 **
idRUS 0.0490676 0.0231100 2.1232 0.0343431 *
idSGP -0.0526481 0.0188843 -2.7879 0.0055552 **
idSWE -0.0458169 0.0143212 -3.1992 0.0014866 **
idTWN 0.0102236 0.0035596 2.8721 0.0042919 **
idUSA 0.1089643 0.0339899 3.2058 0.0014540 **
time2001 0.4999679 0.2052852 2.4355 0.0153037 *
time2002 0.4988787 0.2053734 2.4291 0.0155703 *
time2003 0.4984796 0.2054404 2.4264 0.0156864 *
time2004 0.5022659 0.2055213 2.4439 0.0149578 *
time2005 0.5013270 0.2056182 2.4381 0.0151930 *
time2006 0.5003241 0.2057172 2.4321 0.0154452 *
time2007 0.5052776 0.2058224 2.4549 0.0145123 *
time2008 0.5026982 0.2059636 2.4407 0.0150869 *
time2009 0.5065533 0.2060690 2.4582 0.0143834 *
time2010 0.5063173 0.2061751 2.4558 0.0144788 *
time2011 0.5050187 0.2062714 2.4483 0.0147767 *
time2012 0.5033914 0.2064117 2.4388 0.0151670 *
time2013 0.5033767 0.2064990 2.4377 0.0152126 *
time2014 0.5034122 0.2065835 2.4368 0.0152469 *
time2015 0.5046097 0.2066907 2.4414 0.0150597 *
time2016 0.5052041 0.2067610 2.4434 0.0149759 *
time2017 0.5095694 0.2068510 2.4635 0.0141762 *
time2018 0.5065824 0.2069480 2.4479 0.0147949 *
time2019 0.5010278 0.2070321 2.4200 0.0159588 *
iis130 0.1007087 0.0081951 12.2888 < 2.2e-16 ***
iis131 0.0621582 0.0083538 7.4407 6.077e-13 ***
iis132 0.0618415 0.0085075 7.2690 1.888e-12 ***
iis133 0.0801266 0.0086802 9.2309 < 2.2e-16 ***
iis146 -0.0518289 0.0079356 -6.5312 1.965e-10 ***
iis148 -0.0581615 0.0078916 -7.3701 9.710e-13 ***
iis305 -0.0536188 0.0082527 -6.4971 2.412e-10 ***
iis306 -0.0606760 0.0082987 -7.3115 1.429e-12 ***
iis312 -0.0589729 0.0081019 -7.2789 1.769e-12 ***
iis313 0.0776486 0.0081476 9.5302 < 2.2e-16 ***
iis314 0.2366304 0.0080572 29.3689 < 2.2e-16 ***
iis315 0.1648085 0.0082943 19.8702 < 2.2e-16 ***
iis317 -0.1133347 0.0086538 -13.0965 < 2.2e-16 ***
iis321 0.0979773 0.0108718 9.0121 < 2.2e-16 ***
iis323 -0.2089169 0.0108014 -19.3417 < 2.2e-16 ***
iis332 0.0532903 0.0086785 6.1405 1.969e-09 ***
iis333 0.0658118 0.0084249 7.8116 4.922e-14 ***
iis336 0.0705829 0.0082651 8.5398 2.766e-16 ***
iis337 -0.0944030 0.0082976 -11.3772 < 2.2e-16 ***
iis338 -0.0996186 0.0082549 -12.0678 < 2.2e-16 ***
iis469 0.0569488 0.0080247 7.0967 5.776e-12 ***
fesisJPN.2017 0.0449038 0.0087752 5.1171 4.806e-07 ***
fesisKOR.2006 -0.0257219 0.0056021 -4.5915 5.887e-06 ***
fesisKOR.2009 0.0637315 0.0059846 10.6492 < 2.2e-16 ***
fesisUSA.2009 0.0241921 0.0038906 6.2181 1.257e-09 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 1.8317 1 0.17593
Ljung-Box ARCH(1) 7.5088 1 0.00614 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00747
R-squared 0.99804
Log-lik.(n=475) 1687.24415 Ccmt
Count Ccmt
0.01
Formula: count_ccmt~ gdp + pop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:41:13 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 9.0649e-01 1.6803e-02 53.9480 < 2.2e-16 ***
gdp -1.1783e-13 1.5397e-13 -0.7653 0.4445468
pop 3.0790e-07 1.9628e-07 1.5687 0.1174986
idAUT 1.3410e+01 2.4839e+01 0.5399 0.5895702
idBEL -2.7382e+00 2.4805e+01 -0.1104 0.9121558
idBRA -6.7643e+01 4.2183e+01 -1.6036 0.1095940
idCAN 3.6315e+01 2.5261e+01 1.4376 0.1513193
idCHE 7.8792e+00 2.4844e+01 0.3171 0.7512957
idCHN -1.9747e+02 2.5468e+02 -0.7754 0.4385690
idDEU 2.1929e+02 5.1208e+01 4.2823 2.315e-05 ***
idDNK 2.2641e+01 2.4926e+01 0.9083 0.3642491
idESP -5.0629e+00 2.5109e+01 -0.2016 0.8403011
idFIN 1.4026e+00 2.4914e+01 0.0563 0.9551309
idFRA 1.0620e+02 2.9420e+01 3.6098 0.0003451 ***
idGBR 6.2554e+01 2.7514e+01 2.2736 0.0235174 *
idIND -3.4217e+02 2.3767e+02 -1.4397 0.1507293
idISR 4.6289e-01 2.4858e+01 0.0186 0.9851527
idITA 1.6850e+01 2.5901e+01 0.6505 0.5157170
idJPN 6.9008e+02 9.9440e+01 6.9397 1.576e-11 ***
idKOR 4.0631e+02 1.7197e+02 2.3627 0.0186149 *
idNLD 1.8755e+01 2.4801e+01 0.7562 0.4499685
idNOR -7.1361e+00 2.5019e+01 -0.2852 0.7756139
idRUS -4.1805e+01 3.5034e+01 -1.1933 0.2334573
idSGP -9.0657e+00 2.5011e+01 -0.3625 0.7171958
idSWE 1.3727e+01 2.4830e+01 0.5528 0.5806836
idTWN 6.3310e+01 2.5532e+01 2.4797 0.0135586 *
idUSA 4.3487e+02 8.5282e+01 5.0992 5.259e-07 ***
time2001 -1.2316e+01 2.3216e+01 -0.5305 0.5960666
time2002 -2.5689e+01 2.3207e+01 -1.1069 0.2689763
time2003 -1.2609e+01 2.3400e+01 -0.5388 0.5903107
time2004 2.4870e+01 2.3243e+01 1.0700 0.2852518
time2005 1.6065e+01 2.3218e+01 0.6919 0.4893806
time2006 2.2111e+01 2.3249e+01 0.9511 0.3421408
time2007 4.3922e+01 2.3555e+01 1.8646 0.0629612 .
time2008 4.8629e+01 2.3678e+01 2.0537 0.0406462 *
time2009 5.5602e+01 2.4142e+01 2.3031 0.0217800 *
time2010 8.0232e+01 2.4272e+01 3.3056 0.0010328 **
time2011 3.6736e+01 2.4760e+01 1.4837 0.1386649
time2012 1.4720e+01 2.4572e+01 0.5991 0.5494685
time2013 -5.1732e+01 2.4473e+01 -2.1138 0.0351428 *
time2014 -8.3139e+00 2.4294e+01 -0.3422 0.7323602
time2015 -5.7788e+00 2.4295e+01 -0.2379 0.8121103
time2016 3.2640e+01 2.4165e+01 1.3507 0.1775440
time2017 4.8977e+01 2.4530e+01 1.9966 0.0465356 *
time2018 3.4356e+01 2.4426e+01 1.4065 0.1603453
time2019 -3.3893e+01 2.4747e+01 -1.3696 0.1715684
iis130 8.6251e+02 9.0123e+01 9.5704 < 2.2e-16 ***
iis131 7.0186e+02 9.3496e+01 7.5069 3.924e-13 ***
iis132 5.7137e+02 9.7843e+01 5.8396 1.078e-08 ***
iis133 5.0481e+02 1.0199e+02 4.9498 1.094e-06 ***
iis307 2.5138e+02 8.4422e+01 2.9777 0.0030794 **
iis313 5.2550e+02 9.2531e+01 5.6792 2.595e-08 ***
iis314 1.7824e+03 8.8649e+01 20.1065 < 2.2e-16 ***
iis315 9.6594e+02 8.3140e+01 11.6182 < 2.2e-16 ***
iis323 -1.2746e+03 8.3209e+01 -15.3182 < 2.2e-16 ***
iis332 3.6021e+02 9.3347e+01 3.8588 0.0001326 ***
iis338 -5.7913e+02 8.3109e+01 -6.9683 1.315e-11 ***
iis340 -5.4828e+02 8.5088e+01 -6.4437 3.331e-10 ***
iis463 3.0853e+02 8.4808e+01 3.6380 0.0003104 ***
iis470 -7.9384e+02 9.6352e+01 -8.2389 2.460e-15 ***
iis473 -4.3947e+02 9.5274e+01 -4.6126 5.348e-06 ***
iis474 -4.2897e+02 9.5461e+01 -4.4937 9.159e-06 ***
iis475 -7.1704e+02 9.6257e+01 -7.4492 5.768e-13 ***
fesisCHN.2013 1.8208e+02 5.5039e+01 3.3081 0.0010236 **
fesisDEU.2006 3.4053e+02 5.0169e+01 6.7878 4.088e-11 ***
fesisDEU.2012 -3.2785e+02 4.3037e+01 -7.6179 1.858e-13 ***
fesisJPN.2008 -4.9364e+02 8.4838e+01 -5.8186 1.211e-08 ***
fesisJPN.2009 4.7160e+02 8.9972e+01 5.2417 2.573e-07 ***
fesisKOR.2009 4.0795e+02 8.0877e+01 5.0441 6.905e-07 ***
fesisUSA.2005 4.6659e+02 6.2941e+01 7.4131 7.331e-13 ***
fesisUSA.2012 4.7792e+02 7.3992e+01 6.4591 3.038e-10 ***
fesisUSA.2014 -7.4428e+02 7.7759e+01 -9.5715 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 7.433 1 0.006404 **
Ljung-Box ARCH(1) 42.475 1 7.16e-11 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 76.09718
R-squared 0.99871
Log-lik.(n=475) -2695.70115 0.05
Formula: count_ccmt~ gdp + pop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:40:47 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 9.3927e-01 1.2581e-02 74.6563 < 2.2e-16 ***
gdp 4.1303e-13 1.4855e-13 2.7804 0.0056922 **
pop 1.0188e-06 3.0615e-07 3.3278 0.0009584 ***
idAUT 2.2818e+01 1.8231e+01 1.2516 0.2114481
idBEL 8.0743e+00 1.8020e+01 0.4481 0.6543422
idBRA -1.8738e+02 5.6568e+01 -3.3125 0.0010110 **
idCAN 1.8211e+01 1.8263e+01 0.9971 0.3193135
idCHE 1.8340e+01 1.8248e+01 1.0050 0.3154982
idCHN -1.1521e+03 3.9596e+02 -2.9097 0.0038256 **
idDEU 1.0969e+02 3.8189e+01 2.8724 0.0042964 **
idDNK 3.2154e+01 1.8498e+01 1.7383 0.0829532 .
idESP -2.0888e+01 1.9099e+01 -1.0937 0.2747807
idFIN 1.5858e+01 1.8400e+01 0.8619 0.3892992
idFRA 4.8615e+01 2.2818e+01 2.1305 0.0337532 *
idGBR 1.5362e+01 2.1733e+01 0.7068 0.4800979
idIND -1.1364e+03 3.3945e+02 -3.3478 0.0008938 ***
idISR 1.2565e+01 1.8229e+01 0.6893 0.4910639
idITA -1.5497e+01 2.0832e+01 -0.7439 0.4573701
idJPN 3.6237e+01 8.6347e+01 0.4197 0.6749572
idKOR -2.5067e+02 1.6673e+02 -1.5034 0.1335375
idNLD 1.9164e+01 1.7901e+01 1.0706 0.2850323
idNOR 8.6004e+00 1.8440e+01 0.4664 0.6411981
idRUS -1.6463e+02 4.2674e+01 -3.8579 0.0001338 ***
idSGP 8.3923e+00 1.8422e+01 0.4556 0.6489570
idSWE 2.0139e+01 1.8176e+01 1.1080 0.2685328
idTWN 5.0308e+01 1.8357e+01 2.7406 0.0064151 **
idUSA 2.1400e+02 8.8335e+01 2.4225 0.0158671 *
time2001 -1.5602e+01 1.7384e+01 -0.8975 0.3699982
time2002 -3.2862e+01 1.7440e+01 -1.8842 0.0602756 .
time2003 -1.4638e+01 1.7728e+01 -0.8257 0.4094587
time2004 -5.5235e-01 1.7723e+01 -0.0312 0.9751529
time2005 -4.7079e+00 1.7819e+01 -0.2642 0.7917626
time2006 6.2762e+00 1.7816e+01 0.3523 0.7248234
time2007 1.3566e+01 1.7605e+01 0.7706 0.4414190
time2008 2.2631e+01 1.7609e+01 1.2852 0.1994846
time2009 3.0817e+01 1.7944e+01 1.7174 0.0866956 .
time2010 4.1976e+01 1.8179e+01 2.3090 0.0214659 *
time2011 5.6470e+00 1.8382e+01 0.3072 0.7588521
time2012 -8.9986e+00 1.8581e+01 -0.4843 0.6284558
time2013 -5.2503e+01 1.8694e+01 -2.8086 0.0052263 **
time2014 -3.5089e+01 1.8614e+01 -1.8851 0.0601565 .
time2015 -4.2009e+01 1.8595e+01 -2.2591 0.0244273 *
time2016 -1.2809e+01 1.8106e+01 -0.7074 0.4797312
time2017 5.6131e+00 1.8414e+01 0.3048 0.7606533
time2018 -2.3097e+00 1.8456e+01 -0.1251 0.9004744
time2019 -3.7443e+01 1.8779e+01 -1.9938 0.0468662 *
iis129 2.4900e+02 6.0759e+01 4.0981 5.069e-05 ***
iis130 9.3451e+02 6.2346e+01 14.9891 < 2.2e-16 ***
iis131 7.2840e+02 6.6918e+01 10.8851 < 2.2e-16 ***
iis132 5.5698e+02 7.1483e+01 7.7918 6.051e-14 ***
iis133 4.3157e+02 7.5690e+01 5.7018 2.344e-08 ***
iis146 -2.2124e+02 7.8935e+01 -2.8028 0.0053186 **
iis307 4.0113e+02 6.4572e+01 6.2122 1.341e-09 ***
iis308 2.9066e+02 6.4369e+01 4.5156 8.377e-06 ***
iis309 2.2292e+02 6.4614e+01 3.4501 0.0006216 ***
iis311 3.1911e+02 6.4893e+01 4.9175 1.294e-06 ***
iis313 8.1521e+02 7.1000e+01 11.4819 < 2.2e-16 ***
iis314 2.0525e+03 6.7942e+01 30.2103 < 2.2e-16 ***
iis315 1.1668e+03 6.2506e+01 18.6665 < 2.2e-16 ***
iis323 -1.5556e+03 6.4649e+01 -24.0613 < 2.2e-16 ***
iis332 2.0968e+02 8.0138e+01 2.6165 0.0092283 **
iis338 -6.5413e+02 6.2374e+01 -10.4871 < 2.2e-16 ***
iis340 -3.3152e+02 6.9517e+01 -4.7689 2.620e-06 ***
iis459 -3.4517e+02 6.4535e+01 -5.3487 1.513e-07 ***
iis463 3.4129e+02 6.0929e+01 5.6015 4.020e-08 ***
iis468 8.5036e+02 6.8731e+01 12.3723 < 2.2e-16 ***
iis469 5.9268e+02 6.8534e+01 8.6480 < 2.2e-16 ***
iis470 -8.3641e+02 6.9289e+01 -12.0713 < 2.2e-16 ***
iis473 -4.4024e+02 6.8401e+01 -6.4361 3.601e-10 ***
iis474 -4.2438e+02 6.8639e+01 -6.1827 1.590e-09 ***
iis475 -7.3442e+02 6.9301e+01 -10.5974 < 2.2e-16 ***
fesisDEU.2006 3.1662e+02 3.6313e+01 8.7192 < 2.2e-16 ***
fesisDEU.2012 -4.6882e+02 6.1480e+01 -7.6255 1.874e-13 ***
fesisDEU.2014 2.8700e+02 6.1601e+01 4.6589 4.368e-06 ***
fesisDEU.2019 -5.3745e+02 6.1568e+01 -8.7293 < 2.2e-16 ***
fesisIND.2007 -1.2928e+02 4.8808e+01 -2.6487 0.0084078 **
fesisIND.2016 -1.3702e+02 4.6107e+01 -2.9717 0.0031447 **
fesisJPN.2008 -3.8485e+02 6.5419e+01 -5.8829 8.682e-09 ***
fesisJPN.2009 2.0816e+02 6.8981e+01 3.0176 0.0027153 **
fesisJPN.2016 4.3582e+02 4.3565e+01 10.0037 < 2.2e-16 ***
fesisKOR.2009 4.3089e+02 7.1822e+01 5.9993 4.526e-09 ***
fesisKOR.2011 -3.2115e+02 6.4955e+01 -4.9442 1.138e-06 ***
fesisKOR.2017 -3.4303e+02 5.9415e+01 -5.7734 1.587e-08 ***
fesisUSA.2005 3.0473e+02 4.8839e+01 6.2396 1.144e-09 ***
fesisUSA.2012 -3.4604e+02 5.4277e+01 -6.3754 5.163e-10 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 2.0204 1 0.155197
Ljung-Box ARCH(1) 10.1782 1 0.001421 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 54.60877
R-squared 0.99936
Log-lik.(n=475) -2531.58819 Log Count Ccmt
0.01
Formula: log_count_ccmt~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:40:46 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.688506 0.023649 29.1134 < 2.2e-16 ***
lgdp 0.357818 0.067122 5.3308 1.620e-07 ***
lpop -0.392912 0.188204 -2.0877 0.0374439 *
idAUT 0.067593 0.161703 0.4180 0.6761623
idBEL -0.071032 0.122725 -0.5788 0.5630479
idBRA 0.055117 0.404463 0.1363 0.8916735
idCAN 0.236733 0.106416 2.2246 0.0266532 *
idCHE -0.225893 0.172523 -1.3093 0.1911512
idCHN 0.848430 0.720605 1.1774 0.2397262
idDEU 0.975566 0.259139 3.7646 0.0001912 ***
idDNK -0.890168 0.266491 -3.3403 0.0009136 ***
idESP 0.258730 0.167661 1.5432 0.1235604
idFIN -0.086289 0.232330 -0.3714 0.7105279
idFRA 0.663892 0.218326 3.0408 0.0025111 **
idGBR 0.608456 0.215775 2.8199 0.0050381 **
idIND 0.116509 0.698906 0.1667 0.8676865
idISR -0.529363 0.184668 -2.8666 0.0043639 **
idITA 0.398295 0.203343 1.9587 0.0508230 .
idJPN -0.466235 0.367907 -1.2673 0.2057819
idKOR -1.444045 0.391289 -3.6905 0.0002541 ***
idNLD 0.172957 0.075625 2.2870 0.0227043 *
idNOR -1.278401 0.306489 -4.1711 3.704e-05 ***
idRUS -1.070165 0.356863 -2.9988 0.0028759 **
idSGP -0.877020 0.274174 -3.1988 0.0014876 **
idSWE -0.761422 0.192899 -3.9473 9.305e-05 ***
idTWN 0.391102 0.074785 5.2297 2.716e-07 ***
idUSA 1.083241 0.467385 2.3177 0.0209603 *
time2001 -1.710098 2.853304 -0.5993 0.5492784
time2002 -1.720668 2.853909 -0.6029 0.5468987
time2003 -1.663341 2.855418 -0.5825 0.5605367
time2004 -1.644795 2.855133 -0.5761 0.5648756
time2005 -1.613261 2.854616 -0.5651 0.5722876
time2006 -1.552908 2.855914 -0.5438 0.5869086
time2007 -1.530399 2.857470 -0.5356 0.5925411
time2008 -1.492413 2.858470 -0.5221 0.6018819
time2009 -1.438986 2.858905 -0.5033 0.6149999
time2010 -1.425238 2.859892 -0.4984 0.6185024
time2011 -1.437225 2.860762 -0.5024 0.6156619
time2012 -1.494532 2.861781 -0.5222 0.6017870
time2013 -1.577936 2.863102 -0.5511 0.5818469
time2014 -1.544682 2.864783 -0.5392 0.5900444
time2015 -1.567586 2.866444 -0.5469 0.5847630
time2016 -1.518287 2.867714 -0.5294 0.5967863
time2017 -1.532858 2.868793 -0.5343 0.5934093
time2018 -1.527102 2.869861 -0.5321 0.5949339
time2019 -1.623705 2.870815 -0.5656 0.5719824
iis59 -0.436076 0.109542 -3.9809 8.124e-05 ***
iis63 0.626366 0.109489 5.7208 2.051e-08 ***
iis159 0.382759 0.105032 3.6442 0.0003028 ***
iis173 -0.461066 0.103647 -4.4484 1.116e-05 ***
iis248 -0.407443 0.104827 -3.8868 0.0001185 ***
iis269 -0.356208 0.104395 -3.4121 0.0007088 ***
iis270 0.366534 0.104061 3.5223 0.0004760 ***
iis273 0.362809 0.103293 3.5124 0.0004936 ***
iis385 0.369220 0.103136 3.5799 0.0003850 ***
iis395 -0.376510 0.103002 -3.6554 0.0002903 ***
iis402 0.321702 0.107365 2.9964 0.0028987 **
iis407 0.429251 0.103402 4.1513 4.025e-05 ***
fesisAUS.2005 -0.225171 0.059755 -3.7682 0.0001886 ***
fesisBRA.2008 -0.329843 0.084375 -3.9093 0.0001083 ***
fesisBRA.2010 0.291989 0.077653 3.7602 0.0001945 ***
fesisCHN.2015 0.244711 0.063006 3.8839 0.0001198 ***
fesisDNK.2005 0.413819 0.111867 3.6992 0.0002458 ***
fesisDNK.2006 -0.483809 0.141584 -3.4171 0.0006963 ***
fesisDNK.2007 0.298032 0.104643 2.8481 0.0046204 **
fesisSGP.2003 0.312337 0.079327 3.9373 9.683e-05 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 5.9317 1 0.0148711 *
Ljung-Box ARCH(1) 12.0306 1 0.0005233 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.09776
R-squared 0.99584
Log-lik.(n=475) 463.50343 0.05
Formula: log_count_ccmt~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:41:26 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.66169900 0.02332581 28.3677 < 2.2e-16 ***
lgdp 0.41711754 0.06742007 6.1868 1.532e-09 ***
lpop -0.03702888 0.21336417 -0.1735 0.8623095
idAUT 0.44657180 0.17179150 2.5995 0.0096850 **
idBEL 0.19172366 0.12706088 1.5089 0.1321187
idBRA -0.91378851 0.45385384 -2.0134 0.0447489 *
idCAN 0.20223884 0.11856318 1.7057 0.0888393 .
idCHE 0.15130614 0.18968316 0.7977 0.4255352
idCHN -0.82999612 0.81132187 -1.0230 0.3069243
idDEU 0.48485049 0.29306152 1.6544 0.0988320 .
idDNK -0.41468467 0.29932995 -1.3854 0.1667172
idESP -0.04072025 0.18527837 -0.2198 0.8261567
idFIN 0.66516505 0.25713656 2.5868 0.0100425 *
idFRA 0.24504154 0.24585886 0.9967 0.3195306
idGBR 0.20288496 0.24271234 0.8359 0.4037113
idIND -1.62587522 0.78108132 -2.0816 0.0380236 *
idISR -0.13348684 0.23458275 -0.5690 0.5696520
idITA -0.00097606 0.22788387 -0.0043 0.9965847
idJPN -1.40029483 0.37555311 -3.7286 0.0002206 ***
idKOR -2.13151495 0.38042707 -5.6030 3.952e-08 ***
idNLD 0.27620308 0.07038272 3.9243 0.0001025 ***
idNOR -0.80014698 0.34934056 -2.2904 0.0225201 *
idRUS -2.00669958 0.38372837 -5.2295 2.759e-07 ***
idSGP -0.26077232 0.30319548 -0.8601 0.3902654
idSWE -0.56802636 0.21254667 -2.6725 0.0078404 **
idTWN 0.35719716 0.07352348 4.8583 1.709e-06 ***
idUSA 0.03497110 0.52819610 0.0662 0.9472452
time2001 -9.20631650 3.11028634 -2.9600 0.0032618 **
time2002 -9.23807287 3.11171573 -2.9688 0.0031714 **
time2003 -9.14357981 3.11195585 -2.9382 0.0034942 **
time2004 -9.12360801 3.11239709 -2.9314 0.0035703 **
time2005 -9.06136484 3.11186026 -2.9119 0.0037959 **
time2006 -9.04731136 3.11263779 -2.9066 0.0038587 **
time2007 -8.98662385 3.11410641 -2.8858 0.0041181 **
time2008 -8.99088645 3.11630370 -2.8851 0.0041267 **
time2009 -8.91766964 3.11694797 -2.8610 0.0044466 **
time2010 -8.89080267 3.11766303 -2.8518 0.0045756 **
time2011 -8.90380059 3.11871865 -2.8550 0.0045307 **
time2012 -8.96265786 3.11998183 -2.8727 0.0042893 **
time2013 -9.03610513 3.12138435 -2.8949 0.0040027 **
time2014 -9.02272542 3.12289059 -2.8892 0.0040742 **
time2015 -9.05007203 3.12449815 -2.8965 0.0039830 **
time2016 -9.00526409 3.12584498 -2.8809 0.0041810 **
time2017 -9.03226812 3.12684010 -2.8886 0.0040818 **
time2018 -9.01898393 3.12738652 -2.8839 0.0041426 **
time2019 -9.11799762 3.12839538 -2.9146 0.0037637 **
iis59 -0.34132828 0.09276393 -3.6795 0.0002660 ***
iis63 0.69233005 0.09174898 7.5459 3.114e-13 ***
iis66 -0.36657713 0.09173071 -3.9962 7.676e-05 ***
iis98 -0.24572634 0.09202232 -2.6703 0.0078907 **
iis156 -0.20784354 0.10289108 -2.0200 0.0440527 *
iis158 -0.30274800 0.09285284 -3.2605 0.0012083 **
iis159 0.33668250 0.09313841 3.6149 0.0003393 ***
iis173 -0.40962560 0.09319496 -4.3954 1.422e-05 ***
iis248 -0.33572123 0.09440259 -3.5563 0.0004217 ***
iis249 0.23078241 0.09497302 2.4300 0.0155433 *
iis270 0.61261359 0.10945343 5.5970 4.079e-08 ***
iis279 -0.34209995 0.09429515 -3.6280 0.0003230 ***
iis395 -0.36709729 0.09291290 -3.9510 9.215e-05 ***
iis402 0.42716114 0.09849940 4.3367 1.837e-05 ***
iis403 0.30840531 0.09739544 3.1665 0.0016622 **
iis407 0.50601193 0.09276720 5.4546 8.661e-08 ***
iis408 0.25630735 0.09288128 2.7595 0.0060574 **
iis439 0.19201973 0.09405080 2.0417 0.0418475 *
fesisAUS.2005 -0.30083867 0.05486807 -5.4829 7.466e-08 ***
fesisCAN.2004 -0.19570125 0.05738272 -3.4105 0.0007152 ***
fesisCHN.2015 0.24155862 0.05722320 4.2213 3.015e-05 ***
fesisDNK.2005 0.18822372 0.05880645 3.2007 0.0014813 **
fesisFIN.2003 -0.22067110 0.06710029 -3.2887 0.0010966 **
fesisISR.2003 -0.27789633 0.08957511 -3.1024 0.0020573 **
fesisISR.2006 0.50983897 0.08150159 6.2556 1.028e-09 ***
fesisISR.2009 -0.26426316 0.06179228 -4.2766 2.381e-05 ***
fesisISR.2018 -0.26146153 0.07154436 -3.6545 0.0002923 ***
fesisNOR.2010 -0.19967641 0.04601663 -4.3392 1.817e-05 ***
fesisNOR.2017 0.24174505 0.06145607 3.9336 9.879e-05 ***
fesisRUS.2005 0.22636786 0.07886467 2.8703 0.0043204 **
fesisRUS.2007 -0.51562219 0.10905442 -4.7281 3.156e-06 ***
fesisRUS.2008 0.24170998 0.09396675 2.5723 0.0104663 *
fesisSGP.2003 0.17453668 0.07444146 2.3446 0.0195399 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.9877 1 0.02553 *
Ljung-Box ARCH(1) 1.5114 1 0.21893
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.08704
R-squared 0.99681
Log-lik.(n=475) 525.18785 Ihs Count Ccmt
0.01
Formula: ihs_count_ccmt~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:44:22 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.686541 0.023625 29.0603 < 2.2e-16 ***
lgdp 0.361059 0.067471 5.3513 1.457e-07 ***
lpop -0.394709 0.189305 -2.0850 0.0376845 *
idAUT 0.069812 0.162929 0.4285 0.6685259
idBEL -0.070948 0.123618 -0.5739 0.5663281
idBRA 0.051138 0.407369 0.1255 0.9001644
idCAN 0.238097 0.107036 2.2245 0.0266629 *
idCHE -0.226218 0.173682 -1.3025 0.1934835
idCHN 0.847523 0.725451 1.1683 0.2433777
idDEU 0.981064 0.260409 3.7674 0.0001892 ***
idDNK -0.896586 0.267919 -3.3465 0.0008941 ***
idESP 0.259603 0.168669 1.5391 0.1245463
idFIN -0.084902 0.234019 -0.3628 0.7169410
idFRA 0.667562 0.219499 3.0413 0.0025072 **
idGBR 0.611929 0.216946 2.8207 0.0050259 **
idIND 0.110147 0.703957 0.1565 0.8757407
idISR -0.532618 0.185745 -2.8675 0.0043517 **
idITA 0.400145 0.204544 1.9563 0.0511120 .
idJPN -0.475106 0.370860 -1.2811 0.2008876
idKOR -1.460140 0.393998 -3.7060 0.0002396 ***
idNLD 0.175060 0.076161 2.2985 0.0220347 *
idNOR -1.289140 0.307981 -4.1858 3.481e-05 ***
idRUS -1.084352 0.359844 -3.0134 0.0027441 **
idSGP -0.906206 0.275983 -3.2836 0.0011132 **
idSWE -0.766901 0.193838 -3.9564 8.969e-05 ***
idTWN 0.394145 0.075157 5.2443 2.522e-07 ***
idUSA 1.086767 0.470203 2.3113 0.0213142 *
time2001 -1.544596 2.872587 -0.5377 0.5910754
time2002 -1.555246 2.873195 -0.5413 0.5885988
time2003 -1.497203 2.874716 -0.5208 0.6027758
time2004 -1.478774 2.874428 -0.5145 0.6072094
time2005 -1.446914 2.873903 -0.5035 0.6149075
time2006 -1.386159 2.875214 -0.4821 0.6299883
time2007 -1.363291 2.876778 -0.4739 0.6358275
time2008 -1.324827 2.877793 -0.4604 0.6455010
time2009 -1.271059 2.878235 -0.4416 0.6590043
time2010 -1.257141 2.879232 -0.4366 0.6626146
time2011 -1.268931 2.880111 -0.4406 0.6597468
time2012 -1.326482 2.881138 -0.4604 0.6454724
time2013 -1.410196 2.882470 -0.4892 0.6249400
time2014 -1.377035 2.884162 -0.4774 0.6332987
time2015 -1.400089 2.885834 -0.4852 0.6278231
time2016 -1.350607 2.887113 -0.4678 0.6401730
time2017 -1.365288 2.888200 -0.4727 0.6366704
time2018 -1.359434 2.889276 -0.4705 0.6382412
time2019 -1.456543 2.890237 -0.5040 0.6145658
iis59 -0.465823 0.110291 -4.2236 2.966e-05 ***
iis63 0.637105 0.110242 5.7791 1.490e-08 ***
iis159 0.383674 0.105745 3.6283 0.0003214 ***
iis173 -0.469117 0.104349 -4.4956 9.044e-06 ***
iis248 -0.416178 0.105543 -3.9432 9.457e-05 ***
iis269 -0.362607 0.105104 -3.4500 0.0006189 ***
iis270 0.370624 0.104769 3.5375 0.0004502 ***
iis273 0.365288 0.103994 3.5126 0.0004932 ***
iis385 0.373685 0.103838 3.5988 0.0003589 ***
iis395 -0.379727 0.103699 -3.6618 0.0002833 ***
iis402 0.337431 0.108202 3.1185 0.0019462 **
iis407 0.435994 0.104106 4.1880 3.449e-05 ***
fesisAUS.2005 -0.227160 0.060178 -3.7748 0.0001838 ***
fesisBRA.2008 -0.335291 0.085047 -3.9424 9.487e-05 ***
fesisBRA.2010 0.295738 0.078178 3.7829 0.0001782 ***
fesisCHN.2015 0.245497 0.063415 3.8713 0.0001260 ***
fesisDNK.2005 0.417416 0.112627 3.7062 0.0002394 ***
fesisDNK.2006 -0.486817 0.142547 -3.4151 0.0007012 ***
fesisDNK.2007 0.300258 0.105351 2.8501 0.0045921 **
fesisSGP.2003 0.337197 0.079891 4.2207 3.003e-05 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 5.8609 1 0.0154811 *
Ljung-Box ARCH(1) 12.1169 1 0.0004997 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.09842
R-squared 0.99582
Log-lik.(n=475) 460.29265 0.05
Formula: ihs_count_ccmt~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:44:29 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.6590470 0.0232144 28.3895 < 2.2e-16 ***
lgdp 0.4261837 0.0675602 6.3082 7.557e-10 ***
lpop -0.0855684 0.2134364 -0.4009 0.6887039
idAUT 0.4188269 0.1725706 2.4270 0.0156700 *
idBEL 0.1723825 0.1276718 1.3502 0.1777231
idBRA -0.8173770 0.4547278 -1.7975 0.0730167 .
idCAN 0.2249143 0.1187894 1.8934 0.0590353 .
idCHE 0.1144801 0.1901295 0.6021 0.5474413
idCHN -0.6507176 0.8126607 -0.8007 0.4237711
idDEU 0.5560682 0.2927980 1.8992 0.0582709 .
idDNK -0.4846198 0.2992828 -1.6193 0.1061852
idESP 0.0020004 0.1853728 0.0108 0.9913953
idFIN 0.6160351 0.2579003 2.3887 0.0173777 *
idFRA 0.3043894 0.2457708 1.2385 0.2162610
idGBR 0.2613035 0.2426387 1.0769 0.2821696
idIND -1.4608294 0.7830306 -1.8656 0.0628352 .
idISR -0.2445029 0.2284214 -1.0704 0.2850901
idITA 0.0527659 0.2279605 0.2315 0.8170695
idJPN -1.3525455 0.3779459 -3.5787 0.0003882 ***
idKOR -2.1416757 0.3827183 -5.5960 4.102e-08 ***
idNLD 0.2763332 0.0708561 3.8999 0.0001130 ***
idNOR -0.8809580 0.3491635 -2.5231 0.0120248 *
idRUS -1.9513001 0.3858153 -5.0576 6.507e-07 ***
idSGP -0.3549855 0.3036923 -1.1689 0.2431477
idSWE -0.6124402 0.2124932 -2.8822 0.0041647 **
idTWN 0.3720101 0.0735814 5.0558 6.566e-07 ***
idUSA 0.1562368 0.5285625 0.2956 0.7676996
time2001 -8.3960170 3.1212246 -2.6900 0.0074480 **
time2002 -8.4270617 3.1226143 -2.6987 0.0072586 **
time2003 -8.3307206 3.1231973 -2.6674 0.0079584 **
time2004 -8.3155248 3.1234965 -2.6622 0.0080783 **
time2005 -8.2619923 3.1231061 -2.6454 0.0084833 **
time2006 -8.2391246 3.1237321 -2.6376 0.0086787 **
time2007 -8.1771475 3.1251944 -2.6165 0.0092229 **
time2008 -8.1807311 3.1273829 -2.6158 0.0092411 **
time2009 -8.1065222 3.1280085 -2.5916 0.0099065 **
time2010 -8.0793012 3.1287241 -2.5823 0.0101726 *
time2011 -8.0918642 3.1297782 -2.5854 0.0100819 *
time2012 -8.1506396 3.1310397 -2.6032 0.0095835 **
time2013 -8.2241041 3.1324508 -2.6255 0.0089886 **
time2014 -8.2107270 3.1339743 -2.6199 0.0091335 **
time2015 -8.2378871 3.1355913 -2.6272 0.0089429 **
time2016 -8.1927368 3.1369498 -2.6117 0.0093521 **
time2017 -8.2198264 3.1379507 -2.6195 0.0091445 **
time2018 -8.2063379 3.1385017 -2.6147 0.0092706 **
time2019 -8.3056814 3.1395149 -2.6455 0.0084811 **
iis59 -0.3762464 0.0933732 -4.0295 6.704e-05 ***
iis63 0.7047082 0.0923524 7.6306 1.760e-13 ***
iis66 -0.3721706 0.0923405 -4.0304 6.678e-05 ***
iis98 -0.2539989 0.0926915 -2.7403 0.0064168 **
iis156 -0.2056342 0.1035633 -1.9856 0.0477682 *
iis158 -0.3052489 0.0934589 -3.2661 0.0011853 **
iis159 0.3365124 0.0937419 3.5898 0.0003725 ***
iis173 -0.4243893 0.0937304 -4.5278 7.897e-06 ***
iis248 -0.3507001 0.0949714 -3.6927 0.0002530 ***
iis249 0.2270819 0.0955462 2.3767 0.0179442 *
iis269 -0.3182147 0.1035222 -3.0739 0.0022592 **
iis270 0.4018305 0.1038992 3.8675 0.0001285 ***
iis279 -0.3434294 0.0949140 -3.6183 0.0003349 ***
iis395 -0.3709548 0.0935237 -3.9664 8.659e-05 ***
iis402 0.4295152 0.0992865 4.3260 1.924e-05 ***
iis403 0.3052572 0.0979997 3.1149 0.0019741 **
iis407 0.5113399 0.0933770 5.4761 7.740e-08 ***
iis408 0.2592793 0.0934917 2.7733 0.0058117 **
iis439 0.1888725 0.0946124 1.9963 0.0465882 *
fesisAUS.2005 -0.2957312 0.0552145 -5.3560 1.445e-07 ***
fesisCAN.2004 -0.1902532 0.0577434 -3.2948 0.0010736 **
fesisCHN.2015 0.2397005 0.0575779 4.1631 3.855e-05 ***
fesisDNK.2005 0.1957181 0.0591637 3.3081 0.0010253 **
fesisFIN.2003 -0.2187719 0.0675101 -3.2406 0.0012937 **
fesisISR.2006 0.2994374 0.0740678 4.0427 6.350e-05 ***
fesisISR.2009 -0.2633099 0.0621921 -4.2338 2.859e-05 ***
fesisISR.2018 -0.2601911 0.0720082 -3.6134 0.0003412 ***
fesisNOR.2010 -0.1987875 0.0463062 -4.2929 2.220e-05 ***
fesisNOR.2017 0.2452293 0.0618583 3.9644 8.731e-05 ***
fesisRUS.2005 0.2367833 0.0793730 2.9832 0.0030293 **
fesisRUS.2007 -0.5262297 0.1097653 -4.7941 2.316e-06 ***
fesisRUS.2008 0.2416771 0.0945609 2.5558 0.0109675 *
fesisSGP.2003 0.2098532 0.0748102 2.8051 0.0052774 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.1293 1 0.04215 *
Ljung-Box ARCH(1) 1.2631 1 0.26106
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.08761
R-squared 0.99679
Log-lik.(n=475) 522.07714 Max Count Ccmt
0.01
Formula: max_count_ccmt~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:45:46 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.9060711 0.0148976 60.8201 < 2.2e-16 ***
lgdp 0.0201892 0.0044713 4.5153 8.318e-06 ***
lpop -0.0460999 0.0155270 -2.9690 0.0031664 **
idAUT -0.0112023 0.0128948 -0.8687 0.3855067
idBEL -0.0044543 0.0096194 -0.4630 0.6435802
idBRA 0.0828002 0.0321784 2.5732 0.0104350 *
idCAN 0.0218321 0.0071027 3.0738 0.0022579 **
idCHE -0.0275440 0.0144000 -1.9128 0.0564866 .
idCHN 0.1506558 0.0579754 2.5986 0.0097042 **
idDEU 0.0762110 0.0214446 3.5539 0.0004247 ***
idDNK -0.0656041 0.0219695 -2.9861 0.0029981 **
idESP 0.0418475 0.0125334 3.3389 0.0009197 ***
idFIN -0.0242980 0.0189165 -1.2845 0.1997130
idFRA 0.0571856 0.0167916 3.4056 0.0007266 ***
idGBR 0.0542490 0.0165177 3.2843 0.0011120 **
idIND 0.1086869 0.0552966 1.9655 0.0500412 .
idISR -0.0393267 0.0156218 -2.5174 0.0122094 *
idITA 0.0473400 0.0154989 3.0544 0.0024051 **
idJPN 0.0403246 0.0278653 1.4471 0.1486415
idKOR -0.0660986 0.0253694 -2.6054 0.0095161 **
idNLD 0.0068170 0.0047578 1.4328 0.1526896
idNOR -0.0825878 0.0250316 -3.2993 0.0010555 **
idRUS 0.0074234 0.0248444 0.2988 0.7652508
idSGP -0.0380992 0.0205547 -1.8535 0.0645361 .
idSWE -0.0555751 0.0157529 -3.5279 0.0004672 ***
idTWN 0.0197173 0.0040092 4.9180 1.276e-06 ***
idUSA 0.1384128 0.0382685 3.6169 0.0003361 ***
time2001 0.2119295 0.2216982 0.9559 0.3396787
time2002 0.2103533 0.2217968 0.9484 0.3434928
time2003 0.2141375 0.2218709 0.9651 0.3350525
time2004 0.2150857 0.2219689 0.9690 0.3331327
time2005 0.2140446 0.2220457 0.9640 0.3356421
time2006 0.2142402 0.2221764 0.9643 0.3354855
time2007 0.2161204 0.2223153 0.9721 0.3315681
time2008 0.2169304 0.2224737 0.9751 0.3301053
time2009 0.2187696 0.2226292 0.9827 0.3263640
time2010 0.2211380 0.2227407 0.9928 0.3214024
time2011 0.2162012 0.2228635 0.9701 0.3325770
time2012 0.2134069 0.2230167 0.9569 0.3391879
time2013 0.2096761 0.2231072 0.9398 0.3478845
time2014 0.2120891 0.2231901 0.9503 0.3425501
time2015 0.2123393 0.2232732 0.9510 0.3421610
time2016 0.2160965 0.2233639 0.9675 0.3338938
time2017 0.2176831 0.2234462 0.9742 0.3305390
time2018 0.2158247 0.2235323 0.9655 0.3348654
time2019 0.2084076 0.2236337 0.9319 0.3519398
iis130 0.0987609 0.0087372 11.3034 < 2.2e-16 ***
iis131 0.0808445 0.0092393 8.7500 < 2.2e-16 ***
iis132 0.0661852 0.0097484 6.7894 4.060e-11 ***
iis133 0.0582350 0.0102101 5.7037 2.276e-08 ***
iis146 -0.0402700 0.0085632 -4.7027 3.535e-06 ***
iis313 0.0592286 0.0093950 6.3043 7.628e-10 ***
iis314 0.1936079 0.0090245 21.4537 < 2.2e-16 ***
iis315 0.1060785 0.0085675 12.3814 < 2.2e-16 ***
iis323 -0.1371807 0.0085744 -15.9988 < 2.2e-16 ***
iis332 0.0446752 0.0089662 4.9826 9.338e-07 ***
iis338 -0.0631812 0.0085418 -7.3967 8.209e-13 ***
iis340 -0.0615103 0.0085835 -7.1661 3.716e-12 ***
iis459 -0.0372020 0.0092465 -4.0234 6.856e-05 ***
iis463 0.0331704 0.0087218 3.8032 0.0001650 ***
iis468 0.0920396 0.0098341 9.3593 < 2.2e-16 ***
iis469 0.0667286 0.0098151 6.7986 3.834e-11 ***
iis470 -0.0854161 0.0099002 -8.6277 < 2.2e-16 ***
iis473 -0.0469440 0.0098061 -4.7873 2.380e-06 ***
iis474 -0.0458420 0.0098223 -4.6671 4.168e-06 ***
iis475 -0.0769518 0.0098982 -7.7743 6.424e-14 ***
fesisDEU.2006 0.0360972 0.0051170 7.0544 7.629e-12 ***
fesisDEU.2012 -0.0327905 0.0045583 -7.1935 3.111e-12 ***
fesisJPN.2008 -0.0564986 0.0086658 -6.5197 2.116e-10 ***
fesisJPN.2009 0.0484113 0.0091503 5.2907 2.007e-07 ***
fesisKOR.2009 0.0331361 0.0056138 5.9026 7.612e-09 ***
fesisUSA.2005 0.0428365 0.0068334 6.2687 9.397e-10 ***
fesisUSA.2012 -0.0284715 0.0075613 -3.7654 0.0001911 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 6.5199 1 0.01067 *
Ljung-Box ARCH(1) 36.5972 1 1.452e-09 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00783
R-squared 0.99882
Log-lik.(n=475) 1666.00566 0.05
Formula: max_count_ccmt~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:45:24 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.92674733 0.01395970 66.3873 < 2.2e-16 ***
lgdp 0.01881536 0.00398161 4.7256 3.191e-06 ***
lpop -0.03967337 0.01377315 -2.8805 0.0041859 **
idAUT -0.00727864 0.01140861 -0.6380 0.5238447
idBEL -0.00173124 0.00850922 -0.2035 0.8388835
idBRA 0.07020335 0.02852067 2.4615 0.0142605 *
idCAN 0.01856392 0.00630485 2.9444 0.0034262 **
idCHE -0.02226531 0.01275213 -1.7460 0.0815831 .
idCHN 0.12687774 0.05138230 2.4693 0.0139581 *
idDEU 0.06397045 0.01907845 3.3530 0.0008761 ***
idDNK -0.05662504 0.01948919 -2.9055 0.0038724 **
idESP 0.03666928 0.01112475 3.2962 0.0010682 **
idFIN -0.01790348 0.01674174 -1.0694 0.2855431
idFRA 0.04878842 0.01491920 3.2702 0.0011686 **
idGBR 0.04642868 0.01466933 3.1650 0.0016703 **
idIND 0.08807633 0.04897129 1.7985 0.0728526 .
idISR -0.03309031 0.01384668 -2.3898 0.0173249 *
idITA 0.04066927 0.01375198 2.9573 0.0032885 **
idJPN 0.00287929 0.02505544 0.1149 0.9085693
idKOR -0.06450318 0.02250519 -2.8661 0.0043762 **
idNLD 0.00712899 0.00421096 1.6930 0.0912475 .
idNOR -0.07183459 0.02222182 -3.2326 0.0013291 **
idRUS 0.00088168 0.02197687 0.0401 0.9680189
idSGP -0.03037526 0.01820298 -1.6687 0.0959659 .
idSWE -0.04903250 0.01398992 -3.5048 0.0005090 ***
idTWN 0.01782383 0.00357760 4.9821 9.407e-07 ***
idUSA 0.11732141 0.03399831 3.4508 0.0006189 ***
time2001 0.14308289 0.19615973 0.7294 0.4661747
time2002 0.14141360 0.19624729 0.7206 0.4715866
time2003 0.14330230 0.19631603 0.7300 0.4658468
time2004 0.14490793 0.19640245 0.7378 0.4610651
time2005 0.14390430 0.19646984 0.7324 0.4643263
time2006 0.14401988 0.19658565 0.7326 0.4642309
time2007 0.14565518 0.19670960 0.7405 0.4594599
time2008 0.14653706 0.19684951 0.7444 0.4570679
time2009 0.14852689 0.19698440 0.7540 0.4512942
time2010 0.14877783 0.19709704 0.7548 0.4507892
time2011 0.14541318 0.19719626 0.7374 0.4613127
time2012 0.14343876 0.19732065 0.7269 0.4676958
time2013 0.13902521 0.19740969 0.7042 0.4816918
time2014 0.14100680 0.19748431 0.7140 0.4756373
time2015 0.14109221 0.19755840 0.7142 0.4755357
time2016 0.14405492 0.19764961 0.7288 0.4665293
time2017 0.14654746 0.19771029 0.7412 0.4589963
time2018 0.14477720 0.19778614 0.7320 0.4646074
time2019 0.13963770 0.19787708 0.7057 0.4808017
iis130 0.09743132 0.00773762 12.5919 < 2.2e-16 ***
iis131 0.07631199 0.00822597 9.2770 < 2.2e-16 ***
iis132 0.05981014 0.00872667 6.8537 2.759e-11 ***
iis133 0.04831395 0.00919257 5.2558 2.412e-07 ***
iis146 -0.02429687 0.01000363 -2.4288 0.0155918 *
iis152 -0.05569602 0.00779257 -7.1473 4.273e-12 ***
iis307 0.01763453 0.00800764 2.2022 0.0282246 *
iis313 0.06769684 0.00850405 7.9605 1.817e-14 ***
iis314 0.20273003 0.00817674 24.7935 < 2.2e-16 ***
iis315 0.10942168 0.00764750 14.3082 < 2.2e-16 ***
iis320 0.02590406 0.00769803 3.3650 0.0008399 ***
iis323 -0.13549338 0.00766665 -17.6731 < 2.2e-16 ***
iis338 -0.05969565 0.00758912 -7.8660 3.504e-14 ***
iis340 -0.05834033 0.00762238 -7.6538 1.497e-13 ***
iis459 -0.03644623 0.00817704 -4.4571 1.082e-05 ***
iis463 0.03481927 0.00771245 4.5147 8.370e-06 ***
iis468 0.09141569 0.00869521 10.5133 < 2.2e-16 ***
iis469 0.06481701 0.00867785 7.4693 5.176e-13 ***
iis470 -0.08808067 0.00876449 -10.0497 < 2.2e-16 ***
iis473 -0.04752304 0.00866605 -5.4838 7.421e-08 ***
iis474 -0.04558182 0.00868090 -5.2508 2.473e-07 ***
iis475 -0.07812398 0.00875625 -8.9221 < 2.2e-16 ***
fesisDEU.2006 0.03447124 0.00455080 7.5748 2.554e-13 ***
fesisDEU.2012 -0.05062420 0.00775782 -6.5256 2.069e-10 ***
fesisDEU.2014 0.02878526 0.00780382 3.6886 0.0002569 ***
fesisJPN.2003 0.02779708 0.00624919 4.4481 1.126e-05 ***
fesisJPN.2008 -0.06369930 0.00793713 -8.0255 1.154e-14 ***
fesisJPN.2009 0.04050915 0.00826913 4.8988 1.406e-06 ***
fesisKOR.2009 0.06736817 0.00580976 11.5957 < 2.2e-16 ***
fesisKOR.2011 -0.04414665 0.00613254 -7.1988 3.064e-12 ***
fesisUSA.2005 0.03839633 0.00616143 6.2317 1.179e-09 ***
fesisUSA.2012 -0.03317815 0.00677827 -4.8948 1.434e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 11.8339 1 0.0005816 ***
Ljung-Box ARCH(1) 4.4357 1 0.0351956 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00692
R-squared 0.99909
Log-lik.(n=475) 1727.31160 Energy
Count Energy
0.01
Formula: count_energy~ gdp + pop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:41:22 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 8.1455e-01 1.6978e-02 47.9780 < 2.2e-16 ***
gdp 8.2943e-13 8.8599e-14 9.3617 < 2.2e-16 ***
pop -1.3670e-07 1.0984e-07 -1.2445 0.2140225
idAUT 2.4956e+00 1.3925e+01 0.1792 0.8578527
idBEL -9.2486e+00 1.3915e+01 -0.6646 0.5066554
idBRA 7.6710e+00 2.3493e+01 0.3265 0.7441985
idCAN 2.6192e+01 1.4094e+01 1.8583 0.0638520 .
idCHE -2.0271e-01 1.3931e+01 -0.0146 0.9883982
idCHN 2.5330e+02 1.4294e+02 1.7720 0.0771481 .
idDEU 1.7246e+02 2.4598e+01 7.0110 1.003e-11 ***
idDNK 2.6314e+01 1.4063e+01 1.8711 0.0620554 .
idESP 8.0923e+00 1.4095e+01 0.5741 0.5662041
idFIN -9.4505e+00 1.3984e+01 -0.6758 0.4995427
idFRA 7.5257e+01 1.5624e+01 4.8167 2.070e-06 ***
idGBR 5.3630e+01 1.5099e+01 3.5520 0.0004275 ***
idIND 9.8027e+01 1.3290e+02 0.7376 0.4611789
idISR -4.8245e+00 1.3938e+01 -0.3461 0.7294194
idITA 1.6514e+01 1.4490e+01 1.1397 0.2550849
idJPN 1.3709e+02 4.3652e+01 3.1406 0.0018104 **
idKOR -7.3746e+02 1.0067e+02 -7.3254 1.309e-12 ***
idNLD 5.0064e+00 1.3867e+01 0.3610 0.7182632
idNOR -1.3472e+01 1.4014e+01 -0.9614 0.3369422
idRUS -5.4311e+01 1.9534e+01 -2.7803 0.0056856 **
idSGP -1.2982e+01 1.4006e+01 -0.9269 0.3545131
idSWE -7.4919e+00 1.3926e+01 -0.5380 0.5908805
idTWN 4.0661e+01 1.4134e+01 2.8769 0.0042297 **
idUSA 3.6912e+02 4.3515e+01 8.4826 4.233e-16 ***
time2001 4.8720e+00 1.3009e+01 0.3745 0.7082123
time2002 -3.7648e+00 1.3004e+01 -0.2895 0.7723446
time2003 5.5318e-01 1.3012e+01 0.0425 0.9661107
time2004 1.8400e+01 1.3018e+01 1.4134 0.1583160
time2005 2.8013e+01 1.3043e+01 2.1477 0.0323345 *
time2006 1.8896e+01 1.3028e+01 1.4505 0.1477051
time2007 4.0211e+01 1.3167e+01 3.0540 0.0024082 **
time2008 3.6267e+01 1.3259e+01 2.7353 0.0065072 **
time2009 5.2519e+01 1.3616e+01 3.8573 0.0001334 ***
time2010 5.4509e+01 1.3710e+01 3.9759 8.309e-05 ***
time2011 4.6648e+01 1.3851e+01 3.3678 0.0008307 ***
time2012 1.1015e+01 1.3985e+01 0.7876 0.4313849
time2013 1.1708e+00 1.3863e+01 0.0845 0.9327396
time2014 8.0914e+00 1.3649e+01 0.5928 0.5536399
time2015 -7.0068e-01 1.3494e+01 -0.0519 0.9586133
time2016 1.8551e+01 1.3586e+01 1.3654 0.1728811
time2017 3.4958e+01 1.3498e+01 2.5899 0.0099475 **
time2018 2.8753e+01 1.3523e+01 2.1263 0.0340896 *
time2019 -3.4484e+00 1.3635e+01 -0.2529 0.8004746
iis130 4.3710e+02 5.0494e+01 8.6564 < 2.2e-16 ***
iis131 4.9014e+02 5.1677e+01 9.4846 < 2.2e-16 ***
iis132 5.5379e+02 5.3925e+01 10.2696 < 2.2e-16 ***
iis133 3.3045e+02 5.6997e+01 5.7978 1.359e-08 ***
iis146 -3.1705e+02 4.7154e+01 -6.7236 6.084e-11 ***
iis313 4.0293e+02 5.2282e+01 7.7068 1.015e-13 ***
iis314 1.1827e+03 4.9246e+01 24.0153 < 2.2e-16 ***
iis315 5.4365e+02 4.8927e+01 11.1117 < 2.2e-16 ***
iis316 -2.5685e+02 5.0708e+01 -5.0653 6.219e-07 ***
iis317 -3.8674e+02 4.8796e+01 -7.9256 2.247e-14 ***
iis323 -7.7056e+02 4.7785e+01 -16.1255 < 2.2e-16 ***
iis332 3.5603e+02 4.6761e+01 7.6138 1.910e-13 ***
iis333 3.0727e+02 4.8259e+01 6.3672 5.252e-10 ***
iis336 2.0434e+02 5.2689e+01 3.8782 0.0001229 ***
iis339 4.8108e+02 4.8011e+01 10.0204 < 2.2e-16 ***
iis463 1.9795e+02 5.0443e+01 3.9242 0.0001023 ***
iis464 2.8101e+02 4.8506e+01 5.7933 1.392e-08 ***
iis465 2.5252e+02 4.7813e+01 5.2815 2.101e-07 ***
iis470 -3.2471e+02 4.9226e+01 -6.5963 1.327e-10 ***
fesisCHN.2013 9.4876e+01 2.9766e+01 3.1874 0.0015477 **
fesisDEU.2007 3.0951e+02 2.8816e+01 10.7408 < 2.2e-16 ***
fesisDEU.2012 -2.4785e+02 2.5605e+01 -9.6799 < 2.2e-16 ***
fesisJPN.2009 2.0130e+02 3.6675e+01 5.4889 7.168e-08 ***
fesisKOR.2014 -3.6446e+02 4.4688e+01 -8.1557 4.451e-15 ***
fesisUSA.2006 2.9307e+02 4.0237e+01 7.2836 1.722e-12 ***
fesisUSA.2014 -2.6050e+02 2.8365e+01 -9.1837 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.0036832 1 0.9516063
Ljung-Box ARCH(1) 13.7256438 1 0.0002115 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 42.67535
R-squared 0.99821
Log-lik.(n=475) -2420.96598 0.05
Formula: count_energy~ gdp + pop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:41:03 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 8.4345e-01 1.7877e-02 47.1814 < 2.2e-16 ***
gdp 1.2828e-12 1.2416e-13 10.3317 < 2.2e-16 ***
pop 4.7502e-07 2.2007e-07 2.1585 0.0314807 *
idAUT 1.1424e+01 1.3562e+01 0.8424 0.4000779
idBEL -7.9514e-01 1.3444e+01 -0.0591 0.9528658
idBRA -9.7666e+01 4.0668e+01 -2.4016 0.0167808 *
idCAN 1.5079e+01 1.3599e+01 1.1089 0.2681557
idCHE 8.6614e+00 1.3598e+01 0.6369 0.5245297
idCHN -5.5260e+02 2.8586e+02 -1.9331 0.0539244 .
idDEU 9.5664e+01 2.6632e+01 3.5921 0.0003688 ***
idDNK 3.3068e+01 1.3946e+01 2.3711 0.0182068 *
idESP -6.5611e+00 1.4157e+01 -0.4635 0.6432856
idFIN 2.4998e+00 1.3707e+01 0.1824 0.8553801
idFRA 4.0247e+01 1.6557e+01 2.4309 0.0155020 *
idGBR 2.2490e+01 1.6056e+01 1.4007 0.1620678
idIND -6.0406e+02 2.4761e+02 -2.4396 0.0151381 *
idISR 4.6262e+00 1.3592e+01 0.3404 0.7337663
idITA -7.8140e+00 1.5473e+01 -0.5050 0.6138348
idJPN -2.2407e+02 6.2196e+01 -3.6026 0.0003547 ***
idKOR -1.1979e+03 1.3034e+02 -9.1902 < 2.2e-16 ***
idNLD 7.9047e+00 1.3301e+01 0.5943 0.5526484
idNOR -2.2232e+00 1.3749e+01 -0.1617 0.8716242
idRUS -1.6171e+02 3.0857e+01 -5.2404 2.598e-07 ***
idSGP -4.3028e-01 1.3732e+01 -0.0313 0.9750186
idSWE -4.3332e-01 1.3518e+01 -0.0321 0.9744449
idTWN 3.5579e+01 1.3549e+01 2.6259 0.0089742 **
idUSA 1.6378e+02 6.3290e+01 2.5877 0.0100137 *
time2001 -2.5597e+00 1.2842e+01 -0.1993 0.8421206
time2002 -1.4139e+01 1.2880e+01 -1.0978 0.2729690
time2003 -1.7608e+01 1.3019e+01 -1.3524 0.1769966
time2004 3.2739e+00 1.3013e+01 0.2516 0.8014990
time2005 9.8749e+00 1.3080e+01 0.7549 0.4507265
time2006 -3.8130e+00 1.3346e+01 -0.2857 0.7752485
time2007 2.9268e+01 1.3332e+01 2.1953 0.0287176 *
time2008 3.1564e+01 1.3495e+01 2.3390 0.0198280 *
time2009 3.9964e+01 1.3350e+01 2.9936 0.0029279 **
time2010 2.8172e+01 1.3576e+01 2.0751 0.0386127 *
time2011 2.9732e+01 1.3624e+01 2.1823 0.0296658 *
time2012 -1.8810e+01 1.3805e+01 -1.3625 0.1738084
time2013 -1.4518e+01 1.3926e+01 -1.0426 0.2977758
time2014 -8.4271e+00 1.3861e+01 -0.6080 0.5435401
time2015 -1.8615e+01 1.3778e+01 -1.3511 0.1774358
time2016 2.3295e+00 1.3512e+01 0.1724 0.8632132
time2017 1.7341e+01 1.3488e+01 1.2856 0.1993178
time2018 9.0537e+00 1.3552e+01 0.6681 0.5044824
time2019 -2.4504e+01 1.3706e+01 -1.7878 0.0745605 .
iis130 4.4128e+02 4.5588e+01 9.6797 < 2.2e-16 ***
iis131 4.7439e+02 4.7979e+01 9.8875 < 2.2e-16 ***
iis132 5.2033e+02 5.1342e+01 10.1347 < 2.2e-16 ***
iis133 2.8038e+02 5.5413e+01 5.0599 6.406e-07 ***
iis146 -3.3526e+02 4.5913e+01 -7.3022 1.543e-12 ***
iis307 1.4267e+02 4.5191e+01 3.1571 0.0017144 **
iis313 4.6079e+02 5.1130e+01 9.0122 < 2.2e-16 ***
iis314 1.2263e+03 4.7492e+01 25.8204 < 2.2e-16 ***
iis315 5.3943e+02 4.7136e+01 11.4441 < 2.2e-16 ***
iis316 -2.6389e+02 4.9230e+01 -5.3605 1.406e-07 ***
iis317 -3.9883e+02 4.6874e+01 -8.5086 3.570e-16 ***
iis323 -7.7385e+02 4.5659e+01 -16.9484 < 2.2e-16 ***
iis332 4.1610e+02 4.5971e+01 9.0514 < 2.2e-16 ***
iis333 3.2332e+02 4.6165e+01 7.0035 1.063e-11 ***
iis336 1.2502e+02 5.1280e+01 2.4379 0.0152063 *
iis339 5.0422e+02 4.6004e+01 10.9604 < 2.2e-16 ***
iis462 -1.2417e+02 5.0066e+01 -2.4801 0.0135447 *
iis470 -3.4435e+02 4.7420e+01 -7.2617 2.010e-12 ***
fesisDEU.2006 2.4449e+02 2.7606e+01 8.8566 < 2.2e-16 ***
fesisDEU.2013 -1.7972e+02 2.3244e+01 -7.7316 8.690e-14 ***
fesisIND.2009 -1.0372e+02 3.5193e+01 -2.9472 0.0033948 **
fesisIND.2016 -9.6618e+01 3.2414e+01 -2.9807 0.0030516 **
fesisJPN.2008 -1.6550e+02 4.5744e+01 -3.6179 0.0003350 ***
fesisJPN.2009 2.9965e+02 5.0092e+01 5.9821 4.891e-09 ***
fesisKOR.2006 -2.5439e+02 4.3378e+01 -5.8644 9.449e-09 ***
fesisKOR.2014 -5.2531e+02 4.9667e+01 -10.5767 < 2.2e-16 ***
fesisUSA.2006 4.5618e+02 3.7489e+01 12.1683 < 2.2e-16 ***
fesisUSA.2011 -2.9821e+02 3.3898e+01 -8.7972 < 2.2e-16 ***
fesisUSA.2014 -1.8512e+02 3.3584e+01 -5.5121 6.369e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 3.3587 1 0.06685 .
Ljung-Box ARCH(1) 6.1582 1 0.01308 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 40.76535
R-squared 0.99838
Log-lik.(n=475) -2397.71625 Log Count Energy
0.01
Formula: log_count_energy~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:41:12 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.572064 0.029189 19.5986 < 2.2e-16 ***
lgdp 0.631928 0.107479 5.8795 8.509e-09 ***
lpop -1.528094 0.338838 -4.5098 8.472e-06 ***
idAUT -0.457430 0.281337 -1.6259 0.1047320
idBEL -0.360096 0.210580 -1.7100 0.0880158 .
idBRA 2.122710 0.691851 3.0682 0.0022960 **
idCAN 0.953984 0.157878 6.0425 3.397e-09 ***
idCHE -0.951510 0.311334 -3.0562 0.0023872 **
idCHN 4.931454 1.255608 3.9275 0.0001006 ***
idDEU 2.768928 0.442011 6.2644 9.430e-10 ***
idDNK -2.201097 0.481581 -4.5706 6.439e-06 ***
idESP 0.816016 0.278416 2.9309 0.0035677 **
idFIN -1.145049 0.412039 -2.7790 0.0057025 **
idFRA 2.097273 0.366877 5.7166 2.089e-08 ***
idGBR 2.049212 0.363389 5.6392 3.178e-08 ***
idIND 3.650944 1.197236 3.0495 0.0024404 **
idISR -1.420440 0.339709 -4.1813 3.542e-05 ***
idITA 1.653399 0.338829 4.8797 1.521e-06 ***
idJPN 0.589920 0.572251 1.0309 0.3032035
idKOR -1.837907 0.594946 -3.0892 0.0021429 **
idNLD 0.212264 0.107548 1.9737 0.0490873 *
idNOR -3.020276 0.555264 -5.4393 9.188e-08 ***
idRUS 0.485007 0.564415 0.8593 0.3906698
idSGP -2.633599 0.492462 -5.3478 1.479e-07 ***
idSWE -1.937780 0.350822 -5.5235 5.896e-08 ***
idTWN 0.846727 0.096254 8.7968 < 2.2e-16 ***
idUSA 3.953812 0.810813 4.8764 1.546e-06 ***
time2001 9.751809 4.849957 2.0107 0.0450082 *
time2002 9.678694 4.851599 1.9949 0.0467067 *
time2003 9.756371 4.852879 2.0104 0.0450369 *
time2004 9.822657 4.854879 2.0233 0.0436921 *
time2005 9.916008 4.857417 2.0414 0.0418461 *
time2006 9.968043 4.859133 2.0514 0.0408594 *
time2007 10.137397 4.860904 2.0855 0.0376391 *
time2008 10.188344 4.864457 2.0944 0.0368306 *
time2009 10.257741 4.866349 2.1079 0.0356437 *
time2010 10.242358 4.868442 2.1038 0.0359991 *
time2011 10.246196 4.870384 2.1038 0.0360036 *
time2012 10.135513 4.872567 2.0801 0.0381323 *
time2013 10.022785 4.874659 2.0561 0.0404024 *
time2014 10.042721 4.876710 2.0593 0.0400912 *
time2015 9.957874 4.878815 2.0410 0.0418832 *
time2016 10.079325 4.880996 2.0650 0.0395468 *
time2017 10.117945 4.882646 2.0722 0.0388659 *
time2018 10.060910 4.884347 2.0598 0.0400427 *
time2019 9.962839 4.886238 2.0390 0.0420919 *
iis41 -0.649279 0.167912 -3.8668 0.0001281 ***
iis43 -0.554643 0.167214 -3.3170 0.0009907 ***
iis57 -0.597657 0.167313 -3.5721 0.0003960 ***
iis58 -0.582117 0.168860 -3.4473 0.0006244 ***
iis62 0.504299 0.168465 2.9935 0.0029241 **
iis63 0.520665 0.168876 3.0831 0.0021862 **
iis72 0.660820 0.168278 3.9270 0.0001008 ***
iis74 -0.632293 0.168804 -3.7457 0.0002055 ***
iis75 0.509052 0.168711 3.0173 0.0027085 **
iis407 0.517707 0.169765 3.0495 0.0024398 **
fesisCHN.2015 0.322184 0.102269 3.1504 0.0017496 **
fesisDNK.2005 0.356262 0.093122 3.8257 0.0001506 ***
fesisESP.2003 0.651804 0.124218 5.2473 2.476e-07 ***
fesisRUS.2007 -0.441608 0.090908 -4.8577 1.690e-06 ***
fesisSGP.2003 1.036806 0.148326 6.9900 1.113e-11 ***
fesisSGP.2006 -0.888331 0.189093 -4.6979 3.588e-06 ***
fesisSGP.2007 0.807945 0.173323 4.6615 4.246e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.3382 1 0.037265 *
Ljung-Box ARCH(1) 10.5584 1 0.001157 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.15871
R-squared 0.98995
Log-lik.(n=475) 231.82325 0.05
Formula: log_count_energy~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:41:31 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.562180 0.027007 20.8158 < 2.2e-16 ***
lgdp 0.592919 0.094646 6.2646 9.914e-10 ***
lpop -1.163016 0.344660 -3.3744 0.0008142 ***
idAUT -0.366169 0.280929 -1.3034 0.1932006
idBEL -0.121441 0.227054 -0.5349 0.5930551
idBRA 1.100619 0.738157 1.4910 0.1367620
idCAN 0.874573 0.190827 4.5831 6.183e-06 ***
idCHE -0.606205 0.332579 -1.8227 0.0691100 .
idCHN 3.373474 1.332085 2.5325 0.0117185 *
idDEU 2.140100 0.470458 4.5490 7.214e-06 ***
idDNK -1.773391 0.473228 -3.7474 0.0002057 ***
idESP 0.609979 0.308061 1.9801 0.0484015 *
idFIN -0.912764 0.416299 -2.1926 0.0289301 *
idFRA 1.530481 0.395684 3.8679 0.0001286 ***
idGBR 1.485559 0.390655 3.8027 0.0001661 ***
idIND 2.133858 1.283586 1.6624 0.0972344 .
idISR -1.299840 0.367419 -3.5378 0.0004523 ***
idITA 1.102517 0.368509 2.9918 0.0029498 **
idJPN 0.013297 0.598430 0.0222 0.9822845
idKOR -2.042494 0.547830 -3.7283 0.0002214 ***
idNLD 0.085251 0.107951 0.7897 0.4301717
idNOR -2.628739 0.538130 -4.8849 1.514e-06 ***
idRUS -0.398281 0.618869 -0.6436 0.5202383
idSGP -2.122788 0.489967 -4.3325 1.879e-05 ***
idSWE -1.793162 0.330721 -5.4220 1.037e-07 ***
idTWN 0.619214 0.109876 5.6356 3.355e-08 ***
idUSA 2.917249 0.863174 3.3797 0.0007991 ***
time2001 4.881018 5.114985 0.9543 0.3405453
time2002 4.795222 5.116031 0.9373 0.3491892
time2003 4.919001 5.117692 0.9612 0.3370610
time2004 5.010356 5.118277 0.9789 0.3282305
time2005 5.094735 5.118403 0.9954 0.3201723
time2006 5.134281 5.119775 1.0028 0.3165647
time2007 5.280730 5.121063 1.0312 0.3030978
time2008 5.329202 5.124187 1.0400 0.2989815
time2009 5.418716 5.124938 1.0573 0.2910202
time2010 5.417553 5.126528 1.0568 0.2912732
time2011 5.439467 5.128310 1.0607 0.2894960
time2012 5.308655 5.130608 1.0347 0.3014505
time2013 5.212065 5.132718 1.0155 0.3105182
time2014 5.193108 5.135394 1.0112 0.3125309
time2015 5.133854 5.138120 0.9992 0.3183337
time2016 5.236143 5.140108 1.0187 0.3089864
time2017 5.302217 5.141916 1.0312 0.3030993
time2018 5.221627 5.143573 1.0152 0.3106534
time2019 5.148593 5.145448 1.0006 0.3176368
iis41 -0.638515 0.145372 -4.3923 1.448e-05 ***
iis43 -0.563191 0.144212 -3.9053 0.0001109 ***
iis49 -0.464107 0.144035 -3.2222 0.0013793 **
iis57 -0.628368 0.144165 -4.3587 1.677e-05 ***
iis58 -0.494227 0.160492 -3.0794 0.0022211 **
iis71 0.415150 0.148567 2.7944 0.0054576 **
iis72 0.727043 0.148243 4.9044 1.380e-06 ***
iis74 -0.580476 0.148585 -3.9067 0.0001103 ***
iis75 0.574560 0.149042 3.8550 0.0001354 ***
iis156 -0.382916 0.160298 -2.3888 0.0173803 *
iis173 -0.423887 0.196245 -2.1600 0.0313836 *
iis374 -0.473488 0.142594 -3.3205 0.0009834 ***
iis382 0.430536 0.155332 2.7717 0.0058441 **
iis385 0.404994 0.156154 2.5936 0.0098576 **
iis395 -0.372293 0.144533 -2.5758 0.0103678 *
iis400 -0.394336 0.170525 -2.3125 0.0212723 *
iis402 0.917142 0.171519 5.3472 1.527e-07 ***
iis403 0.610830 0.170133 3.5903 0.0003725 ***
iis404 0.936863 0.170236 5.5033 6.774e-08 ***
iis407 0.575411 0.149144 3.8581 0.0001337 ***
iis408 0.342815 0.148992 2.3009 0.0219254 *
iis415 0.755189 0.170038 4.4413 1.167e-05 ***
iis417 0.556606 0.170052 3.2732 0.0011586 **
fesisAUS.2005 -0.249421 0.084644 -2.9467 0.0034050 **
fesisBEL.2003 -0.239559 0.106277 -2.2541 0.0247451 *
fesisBRA.2005 0.403135 0.108981 3.6991 0.0002475 ***
fesisBRA.2009 -0.444593 0.087606 -5.0749 6.019e-07 ***
fesisCAN.2004 -0.311842 0.090414 -3.4490 0.0006241 ***
fesisCHE.2003 -0.602812 0.170092 -3.5440 0.0004420 ***
fesisCHE.2004 0.399470 0.144897 2.7569 0.0061096 **
fesisCHN.2015 0.340579 0.088239 3.8597 0.0001329 ***
fesisDNK.2005 0.244459 0.089771 2.7231 0.0067577 **
fesisESP.2003 0.436752 0.147035 2.9704 0.0031587 **
fesisESP.2016 -0.260663 0.079838 -3.2649 0.0011920 **
fesisISR.2005 -0.401794 0.156110 -2.5738 0.0104283 *
fesisISR.2006 0.799699 0.160441 4.9844 9.376e-07 ***
fesisISR.2009 -0.387815 0.094270 -4.1139 4.751e-05 ***
fesisRUS.2007 -0.264429 0.089790 -2.9450 0.0034238 **
fesisSGP.2007 0.690129 0.120753 5.7152 2.183e-08 ***
fesisSGP.2016 -0.387562 0.111924 -3.4627 0.0005941 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.82577 1 0.3635
Ljung-Box ARCH(1) 1.78803 1 0.1812
SE of regression 0.13568
R-squared 0.99307
Log-lik.(n=475) 317.78560 Ihs Count Energy
0.01
Formula: ihs_count_energy~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:44:54 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.570479 0.028860 19.7668 < 2.2e-16 ***
lgdp 0.636995 0.109539 5.8152 1.220e-08 ***
lpop -1.540825 0.342277 -4.5017 8.797e-06 ***
idAUT -0.462077 0.285889 -1.6163 0.1068026
idBEL -0.364270 0.213910 -1.7029 0.0893417 .
idBRA 2.126104 0.700158 3.0366 0.0025453 **
idCAN 0.962958 0.159024 6.0554 3.168e-09 ***
idCHE -0.959839 0.315360 -3.0436 0.0024879 **
idCHN 4.972548 1.269807 3.9160 0.0001054 ***
idDEU 2.791166 0.444872 6.2741 8.947e-10 ***
idDNK -2.150115 0.485129 -4.4320 1.200e-05 ***
idESP 0.807215 0.281605 2.8665 0.0043645 **
idFIN -1.159014 0.417770 -2.7743 0.0057851 **
idFRA 2.115267 0.369802 5.7200 2.057e-08 ***
idGBR 2.067032 0.366370 5.6419 3.140e-08 ***
idIND 3.683692 1.212791 3.0374 0.0025390 **
idISR -1.434110 0.343331 -4.1771 3.610e-05 ***
idITA 1.667708 0.342056 4.8755 1.555e-06 ***
idJPN 0.593302 0.583719 1.0164 0.3100297
idKOR -1.853528 0.609269 -3.0422 0.0024994 **
idNLD 0.213869 0.109979 1.9446 0.0525020 .
idNOR -3.050616 0.560400 -5.4436 9.007e-08 ***
idRUS 0.484581 0.574879 0.8429 0.3997607
idSGP -2.567095 0.494553 -5.1907 3.303e-07 ***
idSWE -1.954672 0.354285 -5.5172 6.113e-08 ***
idTWN 0.854942 0.097436 8.7744 < 2.2e-16 ***
idUSA 3.985144 0.818239 4.8704 1.593e-06 ***
time2001 10.130237 4.926444 2.0563 0.0403862 *
time2002 10.030834 4.927828 2.0355 0.0424382 *
time2003 10.117969 4.929424 2.0526 0.0407489 *
time2004 10.198437 4.931329 2.0681 0.0392581 *
time2005 10.296004 4.933244 2.0871 0.0374993 *
time2006 10.353642 4.935213 2.0979 0.0365245 *
time2007 10.511807 4.937102 2.1291 0.0338376 *
time2008 10.562548 4.940509 2.1379 0.0331117 *
time2009 10.632193 4.942221 2.1513 0.0320363 *
time2010 10.616671 4.944289 2.1473 0.0323584 *
time2011 10.621111 4.946227 2.1473 0.0323539 *
time2012 10.509710 4.948406 2.1239 0.0342801 *
time2013 10.394935 4.950593 2.0997 0.0363628 *
time2014 10.415820 4.952804 2.1030 0.0360734 *
time2015 10.328754 4.955014 2.0845 0.0377326 *
time2016 10.452378 4.957297 2.1085 0.0355953 *
time2017 10.491216 4.958979 2.1156 0.0349813 *
time2018 10.433731 4.960670 2.1033 0.0360491 *
time2019 10.334269 4.962609 2.0824 0.0379229 *
iis41 -0.674423 0.170417 -3.9575 8.926e-05 ***
iis43 -0.585549 0.169841 -3.4476 0.0006240 ***
iis57 -0.609514 0.169821 -3.5891 0.0003719 ***
iis58 -0.748399 0.171683 -4.3592 1.653e-05 ***
iis62 0.533373 0.171135 3.1167 0.0019577 **
iis63 0.528727 0.171259 3.0873 0.0021571 **
iis72 0.683000 0.170835 3.9980 7.576e-05 ***
iis74 -0.663754 0.171423 -3.8720 0.0001256 ***
iis75 0.535023 0.171182 3.1255 0.0019015 **
iis400 -0.563275 0.202032 -2.7880 0.0055495 **
iis402 1.132878 0.203517 5.5665 4.705e-08 ***
iis403 0.740009 0.201606 3.6706 0.0002740 ***
iis404 1.073753 0.201882 5.3187 1.722e-07 ***
iis407 0.530384 0.172289 3.0785 0.0022206 **
fesisCHN.2015 0.323868 0.103696 3.1232 0.0019156 **
fesisDNK.2007 0.313517 0.084113 3.7273 0.0002207 ***
fesisESP.2003 0.673133 0.125891 5.3469 1.489e-07 ***
fesisRUS.2007 -0.441699 0.091988 -4.8017 2.209e-06 ***
fesisSGP.2007 0.873148 0.134642 6.4850 2.557e-10 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.5667 1 0.0325988 *
Ljung-Box ARCH(1) 13.0736 1 0.0002995 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.16108
R-squared 0.98997
Log-lik.(n=475) 225.79255 0.05
Formula: ihs_count_energy~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:44:50 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.564430 0.026687 21.1501 < 2.2e-16 ***
lgdp 0.590123 0.097672 6.0419 3.551e-09 ***
lpop -1.027963 0.352070 -2.9198 0.0037057 **
idAUT -0.253427 0.289082 -0.8767 0.3812088
idBEL -0.033707 0.233772 -0.1442 0.8854262
idBRA 0.794132 0.761642 1.0427 0.2977509
idCAN 0.813996 0.194919 4.1761 3.660e-05 ***
idCHE -0.473529 0.341697 -1.3858 0.1665938
idCHN 2.811670 1.363097 2.0627 0.0398003 *
idDEU 1.950069 0.478198 4.0780 5.507e-05 ***
idDNK -1.562680 0.480864 -3.2497 0.0012551 **
idESP 0.497795 0.316070 1.5750 0.1160765
idFIN -0.743926 0.427104 -1.7418 0.0823313 .
idFRA 1.373374 0.403149 3.4066 0.0007260 ***
idGBR 1.332458 0.398119 3.3469 0.0008964 ***
idIND 1.591139 1.316503 1.2086 0.2275430
idISR -1.161644 0.375499 -3.0936 0.0021195 **
idITA 0.957345 0.376393 2.5435 0.0113599 *
idJPN -0.223957 0.618597 -0.3620 0.7175180
idKOR -2.147153 0.570515 -3.7635 0.0001932 ***
idNLD 0.107981 0.111964 0.9644 0.3354282
idNOR -2.441097 0.548550 -4.4501 1.121e-05 ***
idRUS -0.669390 0.638501 -1.0484 0.2951125
idSGP -2.028543 0.501014 -4.0489 6.206e-05 ***
idSWE -1.689831 0.337564 -5.0060 8.424e-07 ***
idTWN 0.600630 0.112389 5.3442 1.546e-07 ***
idUSA 2.552194 0.880698 2.8979 0.0039679 **
time2001 2.981940 5.258544 0.5671 0.5709950
time2002 2.885412 5.259180 0.5486 0.5835637
time2003 3.018469 5.260967 0.5737 0.5664682
time2004 3.112651 5.261445 0.5916 0.5544629
time2005 3.202485 5.261512 0.6087 0.5431016
time2006 3.241776 5.262745 0.6160 0.5382624
time2007 3.400951 5.264144 0.6461 0.5186197
time2008 3.447296 5.267054 0.6545 0.5131734
time2009 3.516052 5.267781 0.6675 0.5048698
time2010 3.513757 5.269300 0.6668 0.5052704
time2011 3.535469 5.271102 0.6707 0.5027907
time2012 3.402409 5.273385 0.6452 0.5191734
time2013 3.303639 5.275653 0.6262 0.5315460
time2014 3.286489 5.278428 0.6226 0.5338930
time2015 3.209030 5.281151 0.6076 0.5437801
time2016 3.314920 5.283250 0.6274 0.5307374
time2017 3.383236 5.284975 0.6402 0.5224427
time2018 3.300545 5.286601 0.6243 0.5327798
time2019 3.223662 5.288720 0.6095 0.5425236
iis41 -0.671499 0.150717 -4.4554 1.095e-05 ***
iis43 -0.592123 0.149737 -3.9544 9.108e-05 ***
iis49 -0.471658 0.149370 -3.1576 0.0017139 **
iis57 -0.629995 0.149492 -4.2142 3.115e-05 ***
iis58 -0.658299 0.151051 -4.3581 1.679e-05 ***
iis62 0.555158 0.150350 3.6924 0.0002537 ***
iis63 0.570184 0.150104 3.7986 0.0001687 ***
iis71 0.372603 0.149973 2.4845 0.0133922 *
iis72 0.704378 0.149728 4.7044 3.538e-06 ***
iis74 -0.662954 0.150284 -4.4113 1.330e-05 ***
iis75 0.552858 0.150462 3.6744 0.0002717 ***
iis156 -0.429419 0.157658 -2.7237 0.0067442 **
iis173 -0.442624 0.203524 -2.1748 0.0302437 *
iis374 -0.486725 0.147876 -3.2914 0.0010874 **
iis382 0.449358 0.161098 2.7893 0.0055398 **
iis385 0.416513 0.162190 2.5681 0.0105974 *
iis400 -0.535252 0.176964 -3.0246 0.0026536 **
iis402 1.112584 0.178153 6.2451 1.105e-09 ***
iis403 0.711460 0.176497 4.0310 6.678e-05 ***
iis404 1.046815 0.176729 5.9233 6.921e-09 ***
iis407 0.576881 0.154614 3.7311 0.0002189 ***
iis408 0.350914 0.154551 2.2705 0.0237186 *
iis415 0.777122 0.176359 4.4065 1.359e-05 ***
iis417 0.572212 0.176361 3.2446 0.0012776 **
fesisAUS.2005 -0.264960 0.087693 -3.0215 0.0026810 **
fesisBEL.2003 -0.249421 0.110144 -2.2645 0.0240899 *
fesisCAN.2004 -0.323208 0.093739 -3.4480 0.0006262 ***
fesisCHE.2003 -0.619055 0.176416 -3.5091 0.0005020 ***
fesisCHE.2004 0.406155 0.150249 2.7032 0.0071670 **
fesisCHN.2015 0.355666 0.091352 3.8934 0.0001162 ***
fesisDNK.2007 0.232731 0.078397 2.9686 0.0031756 **
fesisESP.2003 0.376790 0.150857 2.4977 0.0129118 *
fesisISR.2005 -0.424527 0.161863 -2.6228 0.0090632 **
fesisISR.2006 0.806996 0.166577 4.8446 1.832e-06 ***
fesisISR.2009 -0.384165 0.097636 -3.9347 9.859e-05 ***
fesisRUS.2007 -0.276243 0.091849 -3.0076 0.0028037 **
fesisSGP.2007 0.770934 0.125012 6.1669 1.738e-09 ***
fesisSGP.2016 -0.393377 0.116054 -3.3896 0.0007711 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 1.1571 1 0.28208
Ljung-Box ARCH(1) 5.0967 1 0.02397 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.14073
R-squared 0.99270
Log-lik.(n=475) 299.42270 Max Count Energy
0.01
Formula: max_count_energy~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:45:30 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.8200669 0.0167597 48.9309 < 2.2e-16 ***
lgdp 0.0218930 0.0047091 4.6491 4.516e-06 ***
lpop -0.0528639 0.0165867 -3.1871 0.0015482 **
idAUT -0.0153769 0.0139525 -1.1021 0.2710767
idBEL -0.0077649 0.0104160 -0.7455 0.4564095
idBRA 0.0950870 0.0344971 2.7564 0.0061080 **
idCAN 0.0248075 0.0075668 3.2785 0.0011336 **
idCHE -0.0330919 0.0154945 -2.1357 0.0333002 *
idCHN 0.1715388 0.0621912 2.7583 0.0060738 **
idDEU 0.0899083 0.0223946 4.0147 7.089e-05 ***
idDNK -0.0717816 0.0233935 -3.0684 0.0022960 **
idESP 0.0480193 0.0133744 3.5904 0.0003706 ***
idFIN -0.0315273 0.0204332 -1.5429 0.1236237
idFRA 0.0640950 0.0177688 3.6072 0.0003481 ***
idGBR 0.0619801 0.0175362 3.5344 0.0004557 ***
idIND 0.1273913 0.0595003 2.1410 0.0328674 *
idISR -0.0458592 0.0167382 -2.7398 0.0064187 **
idITA 0.0529997 0.0165188 3.2084 0.0014404 **
idJPN 0.0670980 0.0299568 2.2398 0.0256429 *
idKOR -0.0657374 0.0271445 -2.4218 0.0158831 *
idNLD 0.0054881 0.0051436 1.0670 0.2866171
idNOR -0.0942584 0.0266393 -3.5383 0.0004492 ***
idRUS 0.0133467 0.0269165 0.4959 0.6202642
idSGP -0.0461210 0.0221196 -2.0851 0.0376870 *
idSWE -0.0645447 0.0167663 -3.8497 0.0001374 ***
idTWN 0.0214855 0.0041845 5.1346 4.397e-07 ***
idUSA 0.1519990 0.0404382 3.7588 0.0001958 ***
time2001 0.2786576 0.2397234 1.1624 0.2457506
time2002 0.2773240 0.2398311 1.1563 0.2482259
time2003 0.2781964 0.2399173 1.1596 0.2469132
time2004 0.2814729 0.2400157 1.1727 0.2415929
time2005 0.2832499 0.2401304 1.1796 0.2388630
time2006 0.2815222 0.2402155 1.1720 0.2419017
time2007 0.2857234 0.2403911 1.1886 0.2353008
time2008 0.2853288 0.2405597 1.1861 0.2362749
time2009 0.2880392 0.2407294 1.1965 0.2321894
time2010 0.2879228 0.2408615 1.1954 0.2326336
time2011 0.2858134 0.2409788 1.1861 0.2362953
time2012 0.2794977 0.2411364 1.1591 0.2471025
time2013 0.2787277 0.2412212 1.1555 0.2485710
time2014 0.2791986 0.2413341 1.1569 0.2479949
time2015 0.2779314 0.2414258 1.1512 0.2503240
time2016 0.2818723 0.2415078 1.1671 0.2438407
time2017 0.2853465 0.2416042 1.1810 0.2382744
time2018 0.2848370 0.2417010 1.1785 0.2393001
time2019 0.2771300 0.2418026 1.1461 0.2524287
iis146 -0.0605253 0.0093483 -6.4745 2.750e-10 ***
iis313 0.0725453 0.0104090 6.9695 1.293e-11 ***
iis314 0.2225157 0.0097936 22.7204 < 2.2e-16 ***
iis315 0.1004815 0.0096829 10.3772 < 2.2e-16 ***
iis316 -0.0515012 0.0099842 -5.1583 3.905e-07 ***
iis317 -0.0756078 0.0096492 -7.8356 4.130e-14 ***
iis323 -0.1446513 0.0094804 -15.2580 < 2.2e-16 ***
iis332 0.0381418 0.0110943 3.4380 0.0006467 ***
iis333 0.0419065 0.0107273 3.9065 0.0001097 ***
iis336 0.0409598 0.0106314 3.8527 0.0001357 ***
iis339 0.0868058 0.0095258 9.1127 < 2.2e-16 ***
iis463 0.0373739 0.0099810 3.7445 0.0002069 ***
iis464 0.0526493 0.0096275 5.4686 7.941e-08 ***
iis465 0.0480123 0.0094914 5.0585 6.412e-07 ***
iis470 -0.0611566 0.0097532 -6.2704 9.219e-10 ***
fesisCHN.2016 0.0885867 0.0066186 13.3845 < 2.2e-16 ***
fesisDEU.2007 0.0560867 0.0056571 9.9144 < 2.2e-16 ***
fesisDEU.2012 -0.0493442 0.0051353 -9.6087 < 2.2e-16 ***
fesisJPN.2009 0.0400207 0.0072687 5.5059 6.524e-08 ***
fesisKOR.2009 0.0587758 0.0082937 7.0868 6.114e-12 ***
fesisKOR.2014 -0.0405277 0.0073652 -5.5026 6.641e-08 ***
fesisUSA.2006 0.0542929 0.0077735 6.9843 1.177e-11 ***
fesisUSA.2014 -0.0500897 0.0056337 -8.8910 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.36946 1 0.543298
Ljung-Box ARCH(1) 10.71006 1 0.001066 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00847
R-squared 0.99802
Log-lik.(n=475) 1626.73282 0.05
Formula: max_count_energy~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:45:53 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.8673664 0.0169616 51.1371 < 2.2e-16 ***
lgdp 0.0178608 0.0043318 4.1232 4.549e-05 ***
lpop -0.0395885 0.0152533 -2.5954 0.0097966 **
idAUT -0.0090345 0.0127589 -0.7081 0.4793008
idBEL -0.0038167 0.0095168 -0.4010 0.6886000
idBRA 0.0699411 0.0316788 2.2078 0.0278249 *
idCAN 0.0183908 0.0069666 2.6399 0.0086194 **
idCHE -0.0234106 0.0142030 -1.6483 0.1000812
idCHN 0.1266343 0.0571170 2.2171 0.0271790 *
idDEU 0.0683440 0.0206782 3.3051 0.0010352 **
idDNK -0.0536973 0.0214971 -2.4979 0.0128953 *
idESP 0.0365481 0.0123123 2.9684 0.0031738 **
idFIN -0.0206720 0.0187060 -1.1051 0.2697819
idFRA 0.0481614 0.0163823 2.9398 0.0034747 **
idGBR 0.0465881 0.0161580 2.8833 0.0041487 **
idIND 0.0897606 0.0545533 1.6454 0.1006800
idISR -0.0336688 0.0153710 -2.1904 0.0290723 *
idITA 0.0396220 0.0151943 2.6077 0.0094576 **
idJPN 0.0402470 0.0276813 1.4539 0.1467487
idKOR -0.0541624 0.0247997 -2.1840 0.0295445 *
idNLD 0.0053651 0.0046858 1.1450 0.2529111
idNOR -0.0715120 0.0245245 -2.9159 0.0037463 **
idRUS 0.0042673 0.0245835 0.1736 0.8622816
idSGP -0.0322641 0.0202793 -1.5910 0.1124048
idSWE -0.0496887 0.0154436 -3.2174 0.0013991 **
idTWN 0.0172431 0.0038627 4.4640 1.048e-05 ***
idUSA 0.1156534 0.0373054 3.1002 0.0020713 **
time2001 0.1682050 0.2192536 0.7672 0.4434337
time2002 0.1666774 0.2193543 0.7599 0.4477901
time2003 0.1662236 0.2194361 0.7575 0.4491954
time2004 0.1706813 0.2195246 0.7775 0.4373221
time2005 0.1722163 0.2196324 0.7841 0.4334400
time2006 0.1699534 0.2197377 0.7734 0.4397213
time2007 0.1732927 0.2198757 0.7881 0.4310832
time2008 0.1748248 0.2200194 0.7946 0.4273257
time2009 0.1758868 0.2201911 0.7988 0.4248866
time2010 0.1755804 0.2203090 0.7970 0.4259406
time2011 0.1731700 0.2204203 0.7856 0.4325474
time2012 0.1664303 0.2205853 0.7545 0.4509975
time2013 0.1661785 0.2206387 0.7532 0.4517917
time2014 0.1676386 0.2207429 0.7594 0.4480443
time2015 0.1664594 0.2208244 0.7538 0.4514087
time2016 0.1697664 0.2209113 0.7685 0.4426554
time2017 0.1722434 0.2209919 0.7794 0.4362001
time2018 0.1712209 0.2210735 0.7745 0.4390953
time2019 0.1652590 0.2211591 0.7472 0.4553586
iis130 0.0841471 0.0085630 9.8268 < 2.2e-16 ***
iis131 0.0896652 0.0089579 10.0096 < 2.2e-16 ***
iis132 0.0966293 0.0095422 10.1265 < 2.2e-16 ***
iis133 0.0495094 0.0102655 4.8229 2.016e-06 ***
iis146 -0.0643236 0.0085308 -7.5401 3.194e-13 ***
iis307 0.0310318 0.0086404 3.5915 0.0003699 ***
iis311 0.0327353 0.0086954 3.7647 0.0001918 ***
iis313 0.1418066 0.0104000 13.6353 < 2.2e-16 ***
iis314 0.2862500 0.0098336 29.1094 < 2.2e-16 ***
iis315 0.1525938 0.0098885 15.4314 < 2.2e-16 ***
iis317 -0.0807776 0.0088227 -9.1557 < 2.2e-16 ***
iis323 -0.1459022 0.0086342 -16.8981 < 2.2e-16 ***
iis332 0.0474398 0.0101832 4.6587 4.343e-06 ***
iis333 0.0464854 0.0097710 4.7575 2.744e-06 ***
iis336 0.0388953 0.0096799 4.0182 7.011e-05 ***
iis339 0.0738497 0.0091553 8.0664 8.566e-15 ***
iis462 0.0276307 0.0104507 2.6439 0.0085187 **
iis463 0.0529554 0.0097696 5.4204 1.031e-07 ***
iis464 0.0616792 0.0091788 6.7197 6.302e-11 ***
iis465 0.0540926 0.0089023 6.0762 2.875e-09 ***
iis470 -0.0689275 0.0089338 -7.7153 9.759e-14 ***
fesisDEU.2007 0.0502205 0.0052674 9.5342 < 2.2e-16 ***
fesisDEU.2012 -0.0491915 0.0046706 -10.5323 < 2.2e-16 ***
fesisJPN.2008 -0.0272065 0.0083868 -3.2440 0.0012780 **
fesisJPN.2013 0.0576772 0.0066350 8.6929 < 2.2e-16 ***
fesisKOR.2009 0.0455303 0.0078037 5.8345 1.117e-08 ***
fesisKOR.2014 -0.0678464 0.0079910 -8.4904 4.107e-16 ***
fesisKOR.2016 0.0400690 0.0071923 5.5711 4.662e-08 ***
fesisUSA.2006 0.0330661 0.0085356 3.8739 0.0001251 ***
fesisUSA.2014 -0.0406466 0.0058132 -6.9921 1.146e-11 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.0041136 1 0.94886
Ljung-Box ARCH(1) 5.8148059 1 0.01589 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00771
R-squared 0.99839
Log-lik.(n=475) 1675.27553 Solar
Count Solar
0.01
Formula: count_solar~ gdp + pop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:40:31 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 9.0962e-01 1.3664e-02 66.5694 < 2.2e-16 ***
gdp -3.3518e-13 3.9636e-14 -8.4564 4.868e-16 ***
pop 1.3589e-07 6.3492e-08 2.1402 0.0329264 *
idAUT -1.4418e-01 8.2055e+00 -0.0176 0.9859895
idBEL -1.6381e+00 8.1927e+00 -0.1999 0.8416209
idBRA -2.6881e+01 1.3706e+01 -1.9613 0.0505227 .
idCAN -1.4423e+00 8.1913e+00 -0.1761 0.8603214
idCHE 1.1526e+00 8.2051e+00 0.1405 0.8883560
idCHN -1.4058e+02 8.2909e+01 -1.6956 0.0907141 .
idDEU 6.0116e+01 1.1440e+01 5.2548 2.385e-07 ***
idDNK -1.1866e+00 8.2384e+00 -0.1440 0.8855425
idESP -2.5904e+00 8.2884e+00 -0.3125 0.7547985
idFIN -1.3489e+00 8.2393e+00 -0.1637 0.8700411
idFRA 3.3791e+00 8.6475e+00 0.3908 0.6961795
idGBR -2.9941e+00 8.5663e+00 -0.3495 0.7268809
idIND -1.3777e+02 7.7096e+01 -1.7870 0.0746746 .
idISR 2.8979e+00 8.2070e+00 0.3531 0.7241960
idITA -2.8502e+00 8.4951e+00 -0.3355 0.7374106
idJPN 2.0169e+02 2.2172e+01 9.0966 < 2.2e-16 ***
idKOR 3.7617e+02 4.4179e+01 8.5145 3.181e-16 ***
idNLD 8.8769e-01 8.1634e+00 0.1087 0.9134616
idNOR -9.8243e-01 8.2482e+00 -0.1191 0.9052478
idRUS 4.6434e+00 1.1309e+01 0.4106 0.6815844
idSGP -1.6847e+00 8.2412e+00 -0.2044 0.8381194
idSWE -5.2606e-01 8.2096e+00 -0.0641 0.9489392
idTWN 1.0829e+01 8.2321e+00 1.3155 0.1890693
idUSA 2.5627e+01 2.1849e+01 1.1729 0.2415209
time2001 -7.7082e+00 7.6375e+00 -1.0093 0.3134481
time2002 -9.1307e+00 7.6401e+00 -1.1951 0.2327351
time2003 -3.0853e+00 7.6464e+00 -0.4035 0.6867936
time2004 1.7358e-01 7.6530e+00 0.0227 0.9819158
time2005 7.6668e+00 7.6624e+00 1.0006 0.3176234
time2006 6.6160e+00 7.7275e+00 0.8562 0.3924040
time2007 1.5610e+01 7.7071e+00 2.0254 0.0434770 *
time2008 1.9902e+01 7.9213e+00 2.5125 0.0123693 *
time2009 3.0994e+01 7.8688e+00 3.9388 9.618e-05 ***
time2010 5.6349e+00 7.9543e+00 0.7084 0.4790941
time2011 1.0666e+01 8.0472e+00 1.3254 0.1857840
time2012 -7.3005e+00 7.9939e+00 -0.9133 0.3616417
time2013 -6.6278e+00 7.9216e+00 -0.8367 0.4032610
time2014 -1.3268e+01 7.8809e+00 -1.6835 0.0930359 .
time2015 1.0723e+00 7.8201e+00 0.1371 0.8910022
time2016 -3.9035e-01 7.9016e+00 -0.0494 0.9606234
time2017 -5.2073e+00 7.9559e+00 -0.6545 0.5131411
time2018 7.4008e+00 7.8633e+00 0.9412 0.3471619
time2019 -9.7391e+00 7.9089e+00 -1.2314 0.2188708
iis131 1.0972e+02 2.9666e+01 3.6986 0.0002462 ***
iis133 -3.3789e+02 3.0312e+01 -11.1471 < 2.2e-16 ***
iis141 1.5274e+02 2.6991e+01 5.6590 2.860e-08 ***
iis312 2.5140e+02 2.7294e+01 9.2110 < 2.2e-16 ***
iis313 4.1390e+02 2.7357e+01 15.1292 < 2.2e-16 ***
iis314 4.6981e+02 2.8341e+01 16.5770 < 2.2e-16 ***
iis316 -1.7030e+02 2.9130e+01 -5.8462 1.026e-08 ***
iis321 -8.2276e+01 2.7750e+01 -2.9649 0.0032045 **
iis339 2.6278e+02 2.7383e+01 9.5963 < 2.2e-16 ***
iis462 8.3640e+01 3.0957e+01 2.7018 0.0071819 **
iis464 2.1372e+02 2.9823e+01 7.1661 3.599e-12 ***
fesisCHN.2015 1.5363e+02 1.7395e+01 8.8323 < 2.2e-16 ***
fesisDEU.2012 -1.9892e+02 2.0258e+01 -9.8194 < 2.2e-16 ***
fesisDEU.2014 1.2338e+02 2.1390e+01 5.7681 1.578e-08 ***
fesisJPN.2012 -6.0358e+01 1.4459e+01 -4.1745 3.647e-05 ***
fesisKOR.2007 2.0540e+02 2.1947e+01 9.3587 < 2.2e-16 ***
fesisUSA.2006 1.5012e+02 2.1714e+01 6.9137 1.812e-11 ***
fesisUSA.2011 -2.3192e+02 1.7227e+01 -13.4629 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 17.028 1 3.683e-05 ***
Ljung-Box ARCH(1) 44.880 1 2.095e-11 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 25.13839
R-squared 0.99153
Log-lik.(n=475) -2173.58396 0.05
Formula: count_solar~ gdp + pop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:41:04 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 8.2237e-01 1.1174e-02 73.5988 < 2.2e-16 ***
gdp -9.8520e-14 4.1398e-14 -2.3798 0.0177958 *
pop 8.3123e-08 5.1554e-08 1.6123 0.1076898
idAUT -2.1403e+00 6.5893e+00 -0.3248 0.7454882
idBEL -3.9211e+00 6.5789e+00 -0.5960 0.5515084
idBRA -2.1739e+01 1.1089e+01 -1.9605 0.0506436 .
idCAN -8.0602e-01 6.5785e+00 -0.1225 0.9025458
idCHE 6.3022e-01 6.5895e+00 0.0956 0.9238557
idCHN -7.4172e+01 6.7148e+01 -1.1046 0.2700002
idDEU 4.6488e+01 1.0318e+01 4.5056 8.730e-06 ***
idDNK -5.0376e+00 6.6164e+00 -0.7614 0.4468886
idESP -1.1236e+00 6.6586e+00 -0.1687 0.8660859
idFIN -4.9793e+00 6.6163e+00 -0.7526 0.4521474
idFRA 1.1029e+01 6.9475e+00 1.5875 0.1131920
idGBR 1.2646e+00 6.8842e+00 0.1837 0.8543470
idIND -9.5390e+01 6.2309e+01 -1.5309 0.1265912
idISR 1.9823e+00 6.5911e+00 0.3007 0.7637643
idITA 8.3382e-01 6.8263e+00 0.1221 0.9028438
idJPN 1.0742e+02 2.1693e+01 4.9516 1.093e-06 ***
idKOR 1.2200e+02 4.5468e+01 2.6833 0.0075968 **
idNLD 4.1070e-01 6.5555e+00 0.0627 0.9500764
idNOR -5.3622e+00 6.6249e+00 -0.8094 0.4187708
idRUS -9.7056e+00 9.1493e+00 -1.0608 0.2894278
idSGP -5.1935e+00 6.6179e+00 -0.7848 0.4330577
idSWE -4.2573e+00 6.5941e+00 -0.6456 0.5189036
idTWN 1.8093e+01 6.6128e+00 2.7361 0.0064983 **
idUSA 3.5286e+01 1.8201e+01 1.9386 0.0532569 .
time2001 -2.4192e+00 6.1406e+00 -0.3940 0.6938196
time2002 -4.3149e+00 6.1390e+00 -0.7029 0.4825501
time2003 1.3187e+00 6.1428e+00 0.2147 0.8301306
time2004 4.3918e+00 6.1448e+00 0.7147 0.4752067
time2005 8.6548e+00 6.1987e+00 1.3962 0.1634332
time2006 1.0233e+01 6.2074e+00 1.6485 0.1000426
time2007 1.7845e+01 6.2596e+00 2.8508 0.0045902 **
time2008 2.1364e+01 6.4136e+00 3.3310 0.0009468 ***
time2009 3.0864e+01 6.3920e+00 4.8286 1.970e-06 ***
time2010 1.6631e+01 6.4046e+00 2.5967 0.0097625 **
time2011 1.4953e+01 6.4599e+00 2.3148 0.0211346 *
time2012 3.4459e+00 6.4702e+00 0.5326 0.5946196
time2013 3.1595e+00 6.4342e+00 0.4911 0.6236606
time2014 -5.8534e+00 6.3572e+00 -0.9208 0.3577417
time2015 1.8341e+00 6.3852e+00 0.2873 0.7740704
time2016 4.0362e+00 6.4434e+00 0.6264 0.5314115
time2017 2.4075e+00 6.4500e+00 0.3733 0.7091583
time2018 6.0163e+00 6.4568e+00 0.9318 0.3520235
time2019 -4.2072e+00 6.4510e+00 -0.6522 0.5146687
iis129 1.1786e+02 2.1533e+01 5.4733 7.864e-08 ***
iis130 1.9260e+02 2.1697e+01 8.8767 < 2.2e-16 ***
iis131 2.9099e+02 2.2038e+01 13.2039 < 2.2e-16 ***
iis132 2.3588e+02 2.2746e+01 10.3703 < 2.2e-16 ***
iis133 -1.2389e+02 2.3317e+01 -5.3131 1.805e-07 ***
iis141 1.0130e+02 2.3165e+01 4.3728 1.571e-05 ***
iis145 -8.2151e+01 2.2762e+01 -3.6091 0.0003467 ***
iis146 -1.1113e+02 2.2391e+01 -4.9632 1.033e-06 ***
iis312 2.6938e+02 2.1547e+01 12.5020 < 2.2e-16 ***
iis313 4.6430e+02 2.1592e+01 21.5027 < 2.2e-16 ***
iis314 5.4200e+02 2.2320e+01 24.2832 < 2.2e-16 ***
iis315 1.4473e+02 2.3874e+01 6.0623 3.138e-09 ***
iis316 -1.2849e+02 2.3578e+01 -5.4496 8.905e-08 ***
iis321 -1.1163e+02 2.1586e+01 -5.1716 3.697e-07 ***
iis322 -7.3759e+01 2.1518e+01 -3.4277 0.0006727 ***
iis331 1.0880e+02 2.4239e+01 4.4886 9.418e-06 ***
iis332 1.1968e+02 2.3969e+01 4.9930 8.937e-07 ***
iis334 1.0878e+02 2.2272e+01 4.8844 1.510e-06 ***
iis339 2.4858e+02 2.2531e+01 11.0327 < 2.2e-16 ***
iis342 -7.0890e+01 2.4509e+01 -2.8923 0.0040354 **
iis461 8.2203e+01 2.2321e+01 3.6827 0.0002629 ***
iis462 2.6168e+02 2.2119e+01 11.8306 < 2.2e-16 ***
iis463 2.1788e+02 2.1865e+01 9.9647 < 2.2e-16 ***
iis464 4.3406e+02 2.1959e+01 19.7665 < 2.2e-16 ***
iis465 2.9427e+02 2.2553e+01 13.0480 < 2.2e-16 ***
iis466 2.0486e+02 2.2986e+01 8.9125 < 2.2e-16 ***
iis471 1.7615e+02 2.9185e+01 6.0356 3.651e-09 ***
iis473 -6.0938e+01 2.9228e+01 -2.0849 0.0377169 *
fesisDEU.2007 1.0309e+02 1.3994e+01 7.3670 1.028e-12 ***
fesisDEU.2012 -1.4030e+02 1.3733e+01 -10.2158 < 2.2e-16 ***
fesisKOR.2007 1.1901e+02 2.2813e+01 5.2167 2.947e-07 ***
fesisUSA.2015 -4.5893e+01 2.2002e+01 -2.0858 0.0376357 *
fesisUSA.2018 1.1378e+02 2.9372e+01 3.8736 0.0001255 ***
fesisUSA.2019 -1.6379e+02 2.9199e+01 -5.6093 3.826e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 3.553 1 0.05944 .
Ljung-Box ARCH(1) 34.752 1 3.745e-09 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 20.18707
R-squared 0.99475
Log-lik.(n=475) -2061.39098 Log Count Solar
0.01
Formula: log_count_solar~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:40:46 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.318381 0.038200 8.3346 1.159e-15 ***
lgdp 1.462351 0.160133 9.1321 < 2.2e-16 ***
lpop -1.402610 0.539174 -2.6014 0.0096170 **
idAUT 0.102260 0.464855 0.2200 0.8259933
idBEL 0.046228 0.354515 0.1304 0.8963144
idBRA -0.514862 1.175939 -0.4378 0.6617374
idCAN -0.155149 0.307812 -0.5040 0.6145033
idCHE -0.613439 0.505971 -1.2124 0.2260511
idCHN 1.308428 2.079978 0.6291 0.5296575
idDEU 1.854889 0.725407 2.5570 0.0109126 *
idDNK -3.582046 0.757281 -4.7301 3.083e-06 ***
idESP -0.098961 0.497732 -0.1988 0.8424980
idFIN -0.554543 0.670788 -0.8267 0.4088813
idFRA 1.185319 0.617737 1.9188 0.0556959 .
idGBR 1.114820 0.610693 1.8255 0.0686462 .
idIND -1.028870 2.025696 -0.5079 0.6117876
idISR -1.368448 0.539838 -2.5349 0.0116145 *
idITA 0.959833 0.582152 1.6488 0.0999538 .
idJPN -4.627412 1.006471 -4.5977 5.684e-06 ***
idKOR -8.227877 0.989481 -8.3153 1.331e-15 ***
idNLD 0.339119 0.210596 1.6103 0.1080977
idNOR -4.606938 0.857312 -5.3737 1.290e-07 ***
idRUS -4.688019 0.996558 -4.7042 3.479e-06 ***
idSGP -1.254590 0.718413 -1.7463 0.0814943 .
idSWE -3.696588 0.546347 -6.7660 4.535e-11 ***
idTWN 0.239417 0.234302 1.0218 0.3074585
idUSA 1.611892 1.342311 1.2008 0.2305027
time2001 -14.925538 8.167101 -1.8275 0.0683413 .
time2002 -14.886499 8.168550 -1.8224 0.0691131 .
time2003 -14.731301 8.170710 -1.8029 0.0721247 .
time2004 -14.695068 8.172649 -1.7981 0.0728929 .
time2005 -14.545402 8.174528 -1.7794 0.0759148 .
time2006 -14.431043 8.179977 -1.7642 0.0784372 .
time2007 -14.186611 8.182009 -1.7339 0.0836841 .
time2008 -13.962716 8.183666 -1.7062 0.0887266 .
time2009 -13.764461 8.184932 -1.6817 0.0933844 .
time2010 -13.845366 8.186839 -1.6912 0.0915562 .
time2011 -13.932297 8.190300 -1.7011 0.0896802 .
time2012 -13.935099 8.194240 -1.7006 0.0897697 .
time2013 -14.243710 8.197955 -1.7375 0.0830477 .
time2014 -14.270649 8.203278 -1.7396 0.0826676 .
time2015 -14.374020 8.207224 -1.7514 0.0806199 .
time2016 -14.301077 8.212081 -1.7415 0.0823443 .
time2017 -14.400442 8.214727 -1.7530 0.0803416 .
time2018 -14.480212 8.217892 -1.7620 0.0788013 .
time2019 -14.626779 8.222366 -1.7789 0.0759896 .
iis67 -0.985059 0.318408 -3.0937 0.0021107 **
iis156 -1.159270 0.315193 -3.6780 0.0002661 ***
iis164 -1.086838 0.314759 -3.4529 0.0006117 ***
iis187 -1.155486 0.315580 -3.6615 0.0002833 ***
iis325 -1.068522 0.335650 -3.1834 0.0015652 **
iis363 -1.161420 0.315789 -3.6778 0.0002662 ***
iis382 1.417667 0.320416 4.4245 1.238e-05 ***
iis383 1.246624 0.321589 3.8765 0.0001232 ***
iis405 -1.763754 0.318924 -5.5303 5.673e-08 ***
fesisAUS.2005 -0.599096 0.179423 -3.3390 0.0009169 ***
fesisBRA.2014 0.784790 0.156101 5.0275 7.414e-07 ***
fesisESP.2003 1.282714 0.232800 5.5099 6.320e-08 ***
fesisKOR.2007 0.527536 0.169703 3.1086 0.0020096 **
fesisRUS.2019 -0.926086 0.317077 -2.9207 0.0036834 **
fesisTWN.2006 0.786772 0.169925 4.6301 4.900e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.58748 1 0.44339
Ljung-Box ARCH(1) 5.61279 1 0.01783 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.29958
R-squared 0.96882
Log-lik.(n=475) -70.94279 0.05
Formula: log_count_solar~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:40:52 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.302204 0.035525 8.5068 3.743e-16 ***
lgdp 1.242419 0.160128 7.7589 7.388e-14 ***
lpop -0.283535 0.518897 -0.5464 0.5850872
idAUT 0.979455 0.440405 2.2240 0.0267139 *
idBEL 0.527252 0.337130 1.5639 0.1186312
idBRA -2.461839 1.136318 -2.1665 0.0308700 *
idCAN -0.511320 0.300461 -1.7018 0.0895823 .
idCHE 0.386182 0.480498 0.8037 0.4220466
idCHN -2.648341 1.996964 -1.3262 0.1855451
idDEU 0.601632 0.692348 0.8690 0.3853893
idDNK -2.085426 0.724238 -2.8795 0.0042001 **
idESP -0.861197 0.477267 -1.8044 0.0719245 .
idFIN 0.380864 0.628760 0.6057 0.5450370
idFRA 0.108905 0.594035 0.1833 0.8546326
idGBR 0.033387 0.588908 0.0567 0.9548178
idIND -4.670838 1.937483 -2.4108 0.0163745 *
idISR -0.234384 0.514371 -0.4557 0.6488764
idITA -0.067755 0.562423 -0.1205 0.9041723
idJPN -5.217369 0.972786 -5.3633 1.394e-07 ***
idKOR -7.619900 0.978857 -7.7845 6.202e-14 ***
idNLD 0.516364 0.203532 2.5370 0.0115639 *
idNOR -2.771828 0.820638 -3.3777 0.0008037 ***
idRUS -6.016568 0.954902 -6.3007 7.915e-10 ***
idSGP 0.040961 0.669506 0.0612 0.9512459
idSWE -2.514078 0.526176 -4.7780 2.500e-06 ***
idTWN 0.112615 0.225823 0.4987 0.6182784
idUSA -0.722847 1.277457 -0.5658 0.5718181
time2001 -27.620938 7.766919 -3.5562 0.0004219 ***
time2002 -27.730725 7.765448 -3.5710 0.0003994 ***
time2003 -27.515527 7.769957 -3.5413 0.0004457 ***
time2004 -27.413494 7.768481 -3.5288 0.0004666 ***
time2005 -27.262718 7.771634 -3.5080 0.0005035 ***
time2006 -27.159580 7.774115 -3.4936 0.0005305 ***
time2007 -26.906407 7.775718 -3.4603 0.0005984 ***
time2008 -26.655793 7.776979 -3.4275 0.0006731 ***
time2009 -26.466127 7.777589 -3.4029 0.0007350 ***
time2010 -26.546733 7.779180 -3.4125 0.0007101 ***
time2011 -26.629251 7.782297 -3.4218 0.0006871 ***
time2012 -26.659720 7.786686 -3.4238 0.0006823 ***
time2013 -26.969108 7.790413 -3.4618 0.0005951 ***
time2014 -27.005133 7.796130 -3.4639 0.0005907 ***
time2015 -27.115014 7.800726 -3.4760 0.0005655 ***
time2016 -27.047236 7.805545 -3.4651 0.0005881 ***
time2017 -27.147000 7.808018 -3.4768 0.0005638 ***
time2018 -27.262706 7.811876 -3.4899 0.0005377 ***
time2019 -27.484480 7.815747 -3.5166 0.0004880 ***
iis3 0.619120 0.303989 2.0367 0.0423512 *
iis40 0.821239 0.271490 3.0249 0.0026494 **
iis67 -0.850578 0.278285 -3.0565 0.0023915 **
iis76 0.670174 0.288648 2.3218 0.0207533 *
iis81 -0.857171 0.270398 -3.1700 0.0016430 **
iis154 0.903692 0.273981 3.2984 0.0010606 **
iis156 -1.045354 0.272097 -3.8418 0.0001422 ***
iis157 0.554878 0.275009 2.0177 0.0443009 *
iis159 0.673647 0.272013 2.4765 0.0136849 *
iis164 -0.977624 0.271582 -3.5997 0.0003591 ***
iis187 -1.153450 0.270820 -4.2591 2.568e-05 ***
iis209 0.759500 0.281414 2.6989 0.0072561 **
iis249 0.914685 0.275874 3.3156 0.0009991 ***
iis325 -0.964880 0.288877 -3.3401 0.0009171 ***
iis363 -1.003884 0.272125 -3.6891 0.0002566 ***
iis382 1.518217 0.278796 5.4456 9.092e-08 ***
iis383 1.331048 0.277518 4.7963 2.295e-06 ***
iis386 0.757682 0.272931 2.7761 0.0057634 **
iis398 1.507790 0.372804 4.0445 6.308e-05 ***
iis400 -0.705584 0.281537 -2.5062 0.0126054 *
iis402 0.882602 0.281020 3.1407 0.0018122 **
iis404 0.840406 0.278061 3.0224 0.0026713 **
iis405 -1.626624 0.277733 -5.8568 9.944e-09 ***
fesisAUS.2005 -0.562052 0.174753 -3.2163 0.0014057 **
fesisAUT.2015 -0.572020 0.150007 -3.8133 0.0001591 ***
fesisAUT.2019 0.957191 0.294650 3.2486 0.0012591 **
fesisBRA.2005 -0.452024 0.163260 -2.7687 0.0058926 **
fesisBRA.2014 0.826093 0.153209 5.3919 1.202e-07 ***
fesisCHN.2015 0.618470 0.169029 3.6590 0.0002876 ***
fesisESP.2003 1.194627 0.200479 5.9589 5.629e-09 ***
fesisFIN.2012 0.449366 0.130529 3.4427 0.0006376 ***
fesisKOR.2007 0.603564 0.148755 4.0574 5.981e-05 ***
fesisRUS.2018 -0.650320 0.274442 -2.3696 0.0182871 *
fesisTWN.2006 0.821673 0.147973 5.5529 5.168e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.0002914 1 0.9864
Ljung-Box ARCH(1) 0.9517375 1 0.3293
SE of regression 0.25687
R-squared 0.97813
Log-lik.(n=475) 11.61873 Ihs Count Solar
0.01
Formula: ihs_count_solar~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:44:55 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.24124 0.03729 6.4693 2.796e-10 ***
lgdp 1.78481 0.16984 10.5087 < 2.2e-16 ***
lpop -1.64350 0.58158 -2.8259 0.0049438 **
idAUT 0.24811 0.51329 0.4834 0.6290912
idBEL 0.17522 0.39046 0.4488 0.6538461
idBRA -0.87396 1.28882 -0.6781 0.4980805
idCAN -0.18388 0.33390 -0.5507 0.5821459
idCHE -0.63473 0.55237 -1.1491 0.2511774
idCHN 1.24052 2.28532 0.5428 0.5875464
idDEU 2.08475 0.78668 2.6501 0.0083575 **
idDNK -4.22063 0.80690 -5.2307 2.693e-07 ***
idESP -0.15787 0.53179 -0.2969 0.7667146
idFIN -0.82898 0.73377 -1.1298 0.2592350
idFRA 1.35195 0.66974 2.0186 0.0441754 *
idGBR 1.30137 0.66078 1.9694 0.0495722 *
idIND -1.54018 2.23919 -0.6878 0.4919482
idISR -1.56954 0.58304 -2.6920 0.0073921 **
idITA 1.12373 0.62990 1.7840 0.0751600 .
idJPN -5.90724 1.13829 -5.1896 3.316e-07 ***
idKOR -10.17475 1.08641 -9.3655 < 2.2e-16 ***
idNLD 0.47226 0.22642 2.0858 0.0376128 *
idNOR -5.45990 0.90966 -6.0021 4.273e-09 ***
idRUS -5.78306 1.12164 -5.1559 3.927e-07 ***
idSGP -2.41171 0.87001 -2.7721 0.0058230 **
idSWE -4.38129 0.57365 -7.6375 1.563e-13 ***
idTWN 0.29475 0.24697 1.1935 0.2333674
idUSA 1.64339 1.47363 1.1152 0.2654147
time2001 -19.13219 9.12786 -2.0960 0.0366897 *
time2002 -19.09196 9.13116 -2.0909 0.0371528 *
time2003 -18.92097 9.12897 -2.0726 0.0388282 *
time2004 -18.86517 9.13049 -2.0662 0.0394367 *
time2005 -18.70525 9.13268 -2.0482 0.0411770 *
time2006 -18.57497 9.13898 -2.0325 0.0427440 *
time2007 -18.30625 9.14099 -2.0027 0.0458692 *
time2008 -18.04259 9.14209 -1.9736 0.0490979 *
time2009 -17.79689 9.14268 -1.9466 0.0522653 .
time2010 -17.87884 9.14479 -1.9551 0.0512489 .
time2011 -17.96667 9.14886 -1.9638 0.0502236 .
time2012 -17.99505 9.15424 -1.9658 0.0499974 *
time2013 -18.32914 9.15840 -2.0013 0.0460104 *
time2014 -18.38879 9.16495 -2.0064 0.0454639 *
time2015 -18.50683 9.16945 -2.0183 0.0442061 *
time2016 -18.48628 9.17454 -2.0150 0.0445586 *
time2017 -18.55106 9.17817 -2.0212 0.0439036 *
time2018 -18.63854 9.18189 -2.0299 0.0430062 *
time2019 -18.79991 9.18706 -2.0463 0.0413566 *
iis67 -1.09318 0.33492 -3.2641 0.0011899 **
iis156 -1.52303 0.33142 -4.5955 5.749e-06 ***
iis164 -1.17111 0.33095 -3.5386 0.0004480 ***
iis249 0.92217 0.33679 2.7381 0.0064468 **
iis325 -1.09938 0.35338 -3.1111 0.0019937 **
iis363 -1.62011 0.33256 -4.8717 1.581e-06 ***
iis382 1.59340 0.33801 4.7141 3.327e-06 ***
iis383 1.45463 0.33787 4.3053 2.086e-05 ***
iis405 -2.33311 0.33844 -6.8938 2.049e-11 ***
fesisAUS.2005 -0.68415 0.19002 -3.6005 0.0003564 ***
fesisBRA.2014 1.12189 0.16630 6.7461 5.160e-11 ***
fesisESP.2003 1.49409 0.24441 6.1129 2.271e-09 ***
fesisFIN.2012 0.70017 0.15426 4.5388 7.434e-06 ***
fesisKOR.2007 0.57959 0.17722 3.2704 0.0011643 **
fesisRUS.2019 -1.03211 0.33369 -3.0931 0.0021159 **
fesisSGP.2003 1.14321 0.25289 4.5205 8.075e-06 ***
fesisTWN.2006 0.91577 0.17824 5.1379 4.298e-07 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.73021 1 0.392815
Ljung-Box ARCH(1) 6.84008 1 0.008913 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.31496
R-squared 0.96927
Log-lik.(n=475) -93.71908 0.05
Formula: ihs_count_solar~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:44:36 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.224776 0.034346 6.5444 1.862e-10 ***
lgdp 1.400048 0.171046 8.1852 3.807e-15 ***
lpop -0.119248 0.574086 -0.2077 0.8355568
idAUT 1.075274 0.481945 2.2311 0.0262357 *
idBEL 0.509870 0.362754 1.4056 0.1606454
idBRA -3.817038 1.261306 -3.0263 0.0026385 **
idCAN -0.887329 0.320198 -2.7712 0.0058498 **
idCHE 0.428488 0.526034 0.8146 0.4158142
idCHN -4.043810 2.222220 -1.8197 0.0695610 .
idDEU 0.199871 0.762908 0.2620 0.7934697
idDNK -2.299972 0.789431 -2.9135 0.0037782 **
idESP -1.421891 0.516421 -2.7534 0.0061717 **
idFIN 0.382162 0.693810 0.5508 0.5820717
idFRA -0.311071 0.652721 -0.4766 0.6339283
idGBR -0.380785 0.646375 -0.5891 0.5561259
idIND -6.315404 2.159103 -2.9250 0.0036436 **
idISR -0.281833 0.561735 -0.5017 0.6161451
idITA -0.487897 0.616661 -0.7912 0.4293081
idJPN -6.449510 1.074042 -6.0049 4.352e-09 ***
idKOR -8.988046 1.050271 -8.5578 2.598e-16 ***
idNLD 0.422911 0.204385 2.0692 0.0391799 *
idNOR -2.981636 0.903717 -3.2993 0.0010575 **
idRUS -7.435433 1.058191 -7.0265 9.366e-12 ***
idSGP -0.806095 0.823593 -0.9788 0.3283020
idSWE -2.907548 0.563980 -5.1554 4.014e-07 ***
idTWN -0.129674 0.228353 -0.5679 0.5704501
idUSA -1.567704 1.420451 -1.1037 0.2704113
time2001 -33.914279 8.668821 -3.9122 0.0001077 ***
time2002 -33.953236 8.670890 -3.9158 0.0001062 ***
time2003 -33.724908 8.672327 -3.8888 0.0001182 ***
time2004 -33.624943 8.670318 -3.8782 0.0001233 ***
time2005 -33.409431 8.675067 -3.8512 0.0001371 ***
time2006 -33.297350 8.675981 -3.8379 0.0001445 ***
time2007 -33.044788 8.677460 -3.8081 0.0001624 ***
time2008 -32.773141 8.679814 -3.7758 0.0001841 ***
time2009 -32.542924 8.680663 -3.7489 0.0002042 ***
time2010 -32.612049 8.682667 -3.7560 0.0001987 ***
time2011 -32.701780 8.686092 -3.7648 0.0001920 ***
time2012 -32.734523 8.690999 -3.7665 0.0001908 ***
time2013 -33.051558 8.694288 -3.8015 0.0001666 ***
time2014 -33.108589 8.700680 -3.8053 0.0001642 ***
time2015 -33.240011 8.705587 -3.8182 0.0001561 ***
time2016 -33.176797 8.710900 -3.8087 0.0001620 ***
time2017 -33.287029 8.713637 -3.8201 0.0001549 ***
time2018 -33.411825 8.717928 -3.8325 0.0001476 ***
time2019 -33.648298 8.722228 -3.8578 0.0001336 ***
iis40 0.875439 0.290050 3.0182 0.0027078 **
iis67 -1.161437 0.302983 -3.8333 0.0001471 ***
iis76 0.758384 0.308291 2.4600 0.0143238 *
iis81 -0.907213 0.288751 -3.1419 0.0018057 **
iis154 0.919512 0.291889 3.1502 0.0017560 **
iis156 -1.408499 0.289932 -4.8580 1.714e-06 ***
iis159 0.670295 0.289856 2.3125 0.0212640 *
iis164 -1.091344 0.289340 -3.7718 0.0001869 ***
iis187 -1.181158 0.289222 -4.0839 5.366e-05 ***
iis209 0.781208 0.300517 2.5995 0.0096854 **
iis249 0.960583 0.295947 3.2458 0.0012714 **
iis325 -1.012619 0.308577 -3.2816 0.0011243 **
iis363 -1.584396 0.294776 -5.3749 1.315e-07 ***
iis382 1.632541 0.298821 5.4633 8.301e-08 ***
iis383 1.501668 0.295906 5.0748 5.990e-07 ***
iis386 0.790523 0.292279 2.7047 0.0071334 **
iis398 1.673368 0.398134 4.2030 3.261e-05 ***
iis402 0.870459 0.303610 2.8670 0.0043660 **
iis404 0.874690 0.299440 2.9211 0.0036888 **
iis405 -2.131276 0.298796 -7.1329 4.742e-12 ***
fesisAUS.2005 -0.851499 0.167956 -5.0698 6.141e-07 ***
fesisAUT.2015 -0.446158 0.148087 -3.0128 0.0027556 **
fesisBRA.2005 -0.962834 0.243571 -3.9530 9.148e-05 ***
fesisBRA.2007 0.791496 0.229823 3.4439 0.0006348 ***
fesisBRA.2014 0.882705 0.175120 5.0406 7.089e-07 ***
fesisCHN.2015 0.672623 0.180488 3.7267 0.0002224 ***
fesisESP.2003 1.415859 0.214337 6.6058 1.284e-10 ***
fesisFIN.2012 0.583815 0.140107 4.1669 3.798e-05 ***
fesisKOR.2007 0.675793 0.157200 4.2990 2.166e-05 ***
fesisNOR.2013 -0.478438 0.145061 -3.2982 0.0010615 **
fesisNOR.2019 0.926080 0.303376 3.0526 0.0024226 **
fesisRUS.2018 -0.744175 0.293225 -2.5379 0.0115364 *
fesisSGP.2003 0.911314 0.227376 4.0080 7.325e-05 ***
fesisTWN.2006 0.560440 0.236246 2.3723 0.0181585 *
fesisTWN.2008 0.450888 0.217182 2.0761 0.0385339 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 1.0063e-05 1 0.99747
Ljung-Box ARCH(1) 5.6284e+00 1 0.01767 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.27429
R-squared 0.97771
Log-lik.(n=475) -19.05716 Max Count Solar
0.01
Formula: max_count_solar~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:46:01 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.9185613 0.0129985 70.6669 < 2.2e-16 ***
lgdp 0.0100909 0.0083018 1.2155 0.2248745
lpop -0.0260018 0.0283481 -0.9172 0.3595623
idAUT -0.0098246 0.0238568 -0.4118 0.6806889
idBEL -0.0055743 0.0178389 -0.3125 0.7548346
idBRA 0.0463889 0.0589079 0.7875 0.4314557
idCAN 0.0101168 0.0127745 0.7920 0.4288467
idCHE -0.0172873 0.0264371 -0.6539 0.5135415
idCHN 0.0895688 0.1058210 0.8464 0.3978148
idDEU 0.0703488 0.0368898 1.9070 0.0572210 .
idDNK -0.0398389 0.0402156 -0.9906 0.3224512
idESP 0.0233943 0.0229065 1.0213 0.3077186
idFIN -0.0179016 0.0348671 -0.5134 0.6079328
idFRA 0.0306455 0.0299940 1.0217 0.3075168
idGBR 0.0275888 0.0296925 0.9292 0.3533583
idIND 0.0643677 0.1013887 0.6349 0.5258742
idISR -0.0218442 0.0285573 -0.7649 0.4447560
idITA 0.0262998 0.0281852 0.9331 0.3513161
idJPN 0.0150356 0.0500191 0.3006 0.7638750
idKOR -0.0351166 0.0482102 -0.7284 0.4667818
idNLD 0.0019752 0.0089195 0.2215 0.8248517
idNOR -0.0471892 0.0456098 -1.0346 0.3014540
idRUS 0.0077218 0.0460683 0.1676 0.8669684
idSGP -0.0247615 0.0376938 -0.6569 0.5116074
idSWE -0.0325087 0.0288427 -1.1271 0.2603595
idTWN 0.0131259 0.0071619 1.8327 0.0675692 .
idUSA 0.0793414 0.0674121 1.1770 0.2398953
time2001 0.1544551 0.4092992 0.3774 0.7060983
time2002 0.1529486 0.4094675 0.3735 0.7089472
time2003 0.1563428 0.4096059 0.3817 0.7028889
time2004 0.1575792 0.4097698 0.3846 0.7007667
time2005 0.1615840 0.4099471 0.3942 0.6936696
time2006 0.1599873 0.4101290 0.3901 0.6966728
time2007 0.1664536 0.4103318 0.4057 0.6852073
time2008 0.1689255 0.4106545 0.4114 0.6810265
time2009 0.1760671 0.4109050 0.4285 0.6685228
time2010 0.1589116 0.4111237 0.3865 0.6993052
time2011 0.1612055 0.4113085 0.3919 0.6953117
time2012 0.1540091 0.4115806 0.3742 0.7084574
time2013 0.1541864 0.4117795 0.3744 0.7082716
time2014 0.1495853 0.4119484 0.3631 0.7167053
time2015 0.1586573 0.4121044 0.3850 0.7004427
time2016 0.1572799 0.4122822 0.3815 0.7030408
time2017 0.1566250 0.4124402 0.3798 0.7043266
time2018 0.1609010 0.4125571 0.3900 0.6967329
time2019 0.1499243 0.4126777 0.3633 0.7165711
iis131 0.0651856 0.0174165 3.7427 0.0002081 ***
iis133 -0.2154674 0.0177934 -12.1094 < 2.2e-16 ***
iis141 0.0950457 0.0158371 6.0015 4.313e-09 ***
iis312 0.1546938 0.0160144 9.6597 < 2.2e-16 ***
iis313 0.2614931 0.0160614 16.2809 < 2.2e-16 ***
iis314 0.2907400 0.0166529 17.4588 < 2.2e-16 ***
iis316 -0.1063153 0.0171412 -6.2023 1.363e-09 ***
iis321 -0.0560726 0.0162932 -3.4415 0.0006382 ***
iis339 0.1643438 0.0162808 10.0943 < 2.2e-16 ***
iis340 -0.0689104 0.0163242 -4.2214 2.994e-05 ***
iis462 0.0555972 0.0181978 3.0552 0.0023968 **
iis464 0.1345395 0.0174962 7.6896 1.110e-13 ***
fesisCHN.2015 0.0861277 0.0110731 7.7781 6.055e-14 ***
fesisDEU.2012 -0.1294556 0.0119995 -10.7885 < 2.2e-16 ***
fesisDEU.2014 0.0801794 0.0125755 6.3758 4.920e-10 ***
fesisJPN.2012 -0.0484339 0.0087543 -5.5326 5.643e-08 ***
fesisKOR.2007 0.0858951 0.0094492 9.0902 < 2.2e-16 ***
fesisKOR.2012 -0.0934830 0.0094828 -9.8582 < 2.2e-16 ***
fesisUSA.2006 0.0923149 0.0128155 7.2034 2.845e-12 ***
fesisUSA.2011 -0.1448084 0.0101056 -14.3296 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 22.903 1 1.703e-06 ***
Ljung-Box ARCH(1) 51.720 1 6.399e-13 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.01475
R-squared 0.99260
Log-lik.(n=475) 1361.97673 0.05
Formula: max_count_solar~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:46:04 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.8320071 0.0111317 74.7424 < 2.2e-16 ***
lgdp 0.0161534 0.0070642 2.2867 0.0227420 *
lpop -0.0176560 0.0238192 -0.7413 0.4589804
idAUT 0.0068395 0.0199801 0.3423 0.7322963
idBEL 0.0076652 0.0149539 0.5126 0.6085247
idBRA 0.0210219 0.0494327 0.4253 0.6708759
idCAN 0.0057417 0.0107452 0.5343 0.5933999
idCHE -0.0028143 0.0221567 -0.1270 0.8989904
idCHN 0.0402240 0.0886911 0.4535 0.6504161
idDEU 0.0453016 0.0313833 1.4435 0.1496722
idDNK -0.0313806 0.0338162 -0.9280 0.3539859
idESP 0.0199764 0.0192967 1.0352 0.3011958
idFIN 0.0043272 0.0291942 0.1482 0.8822425
idFRA 0.0234100 0.0251925 0.9292 0.3533273
idGBR 0.0195167 0.0249499 0.7822 0.4345447
idIND 0.0059876 0.0849183 0.0705 0.9438235
idISR -0.0102042 0.0239659 -0.4258 0.6704989
idITA 0.0187622 0.0236875 0.7921 0.4287930
idJPN -0.0249592 0.0415560 -0.6006 0.5484391
idKOR -0.0821101 0.0409167 -2.0068 0.0454545 *
idNLD 0.0094024 0.0075226 1.2499 0.2120783
idNOR -0.0402290 0.0383836 -1.0481 0.2952417
idRUS -0.0331867 0.0385577 -0.8607 0.3899237
idSGP -0.0043414 0.0315762 -0.1375 0.8907148
idSWE -0.0323004 0.0243259 -1.3278 0.1850035
idTWN 0.0202602 0.0060830 3.3306 0.0009479 ***
idUSA 0.0403730 0.0571482 0.7065 0.4803168
time2001 -0.1532347 0.3424724 -0.4474 0.6548045
time2002 -0.1548102 0.3426137 -0.4519 0.6516240
time2003 -0.1516170 0.3427294 -0.4424 0.6584550
time2004 -0.1503938 0.3428675 -0.4386 0.6611651
time2005 -0.1484199 0.3430324 -0.4327 0.6654900
time2006 -0.1481789 0.3431913 -0.4318 0.6661453
time2007 -0.1447772 0.3434076 -0.4216 0.6735531
time2008 -0.1415730 0.3436277 -0.4120 0.6805658
time2009 -0.1351683 0.3438575 -0.3931 0.6944616
time2010 -0.1465709 0.3440378 -0.4260 0.6703165
time2011 -0.1453227 0.3442199 -0.4222 0.6731229
time2012 -0.1527772 0.3444077 -0.4436 0.6575783
time2013 -0.1532528 0.3445439 -0.4448 0.6567079
time2014 -0.1591274 0.3446765 -0.4617 0.6445703
time2015 -0.1541060 0.3447995 -0.4469 0.6551599
time2016 -0.1522686 0.3449505 -0.4414 0.6591488
time2017 -0.1542521 0.3451259 -0.4469 0.6551595
time2018 -0.1515062 0.3452505 -0.4388 0.6610242
time2019 -0.1601768 0.3452875 -0.4639 0.6429785
iis129 0.0652206 0.0138438 4.7112 3.415e-06 ***
iis130 0.1100613 0.0140019 7.8604 3.659e-14 ***
iis131 0.1707671 0.0142645 11.9715 < 2.2e-16 ***
iis132 0.1334202 0.0147468 9.0474 < 2.2e-16 ***
iis133 -0.0912960 0.0151504 -6.0260 3.847e-09 ***
iis141 0.0638204 0.0144177 4.4265 1.240e-05 ***
iis145 -0.0543867 0.0141885 -3.8332 0.0001471 ***
iis146 -0.0710422 0.0139450 -5.0944 5.424e-07 ***
iis312 0.1697416 0.0134117 12.6562 < 2.2e-16 ***
iis313 0.2924286 0.0134172 21.7950 < 2.2e-16 ***
iis314 0.3390783 0.0138855 24.4195 < 2.2e-16 ***
iis315 0.0855073 0.0148103 5.7735 1.570e-08 ***
iis316 -0.0856393 0.0146739 -5.8362 1.113e-08 ***
iis321 -0.0728600 0.0134907 -5.4008 1.147e-07 ***
iis322 -0.0488791 0.0134767 -3.6269 0.0003243 ***
iis331 0.0360061 0.0149264 2.4122 0.0163086 *
iis332 0.0404471 0.0148340 2.7266 0.0066825 **
iis339 0.1785792 0.0148648 12.0135 < 2.2e-16 ***
iis461 0.0537210 0.0138992 3.8650 0.0001298 ***
iis462 0.1660134 0.0137708 12.0554 < 2.2e-16 ***
iis463 0.1383021 0.0136088 10.1627 < 2.2e-16 ***
iis464 0.2718007 0.0136696 19.8836 < 2.2e-16 ***
iis465 0.1823261 0.0140413 12.9850 < 2.2e-16 ***
iis466 0.1275964 0.0143164 8.9126 < 2.2e-16 ***
iis471 0.1293232 0.0157278 8.2226 2.884e-15 ***
fesisDEU.2007 0.0631002 0.0087280 7.2296 2.517e-12 ***
fesisDEU.2012 -0.0874837 0.0086601 -10.1019 < 2.2e-16 ***
fesisKOR.2007 0.0897319 0.0094226 9.5230 < 2.2e-16 ***
fesisKOR.2012 -0.0633116 0.0099324 -6.3743 5.120e-10 ***
fesisKOR.2016 -0.0208603 0.0098391 -2.1201 0.0346154 *
fesisUSA.2015 -0.0475565 0.0101939 -4.6652 4.224e-06 ***
fesisUSA.2018 0.0913449 0.0158166 5.7753 1.555e-08 ***
fesisUSA.2019 -0.1007163 0.0181628 -5.5452 5.375e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 11.667 1 0.0006362 ***
Ljung-Box ARCH(1) 45.107 1 1.865e-11 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.01256
R-squared 0.99480
Log-lik.(n=475) 1444.52702 Wind
Count Wind
0.01
Formula: count_wind~ gdp + pop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:41:07 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 7.4210e-01 1.7985e-02 41.2622 < 2.2e-16 ***
gdp 1.7768e-15 7.8700e-15 0.2258 0.8214932
pop 6.1922e-08 2.1870e-08 2.8314 0.0048659 **
idAUT 1.0994e+00 2.9736e+00 0.3697 0.7117816
idBEL 1.3529e-01 2.9686e+00 0.0456 0.9636728
idBRA -1.2238e+01 4.8255e+00 -2.5360 0.0115869 *
idCAN 1.8345e+00 2.9741e+00 0.6168 0.5376985
idCHE 3.7858e-01 2.9746e+00 0.1273 0.8987899
idCHN -6.3888e+01 2.8895e+01 -2.2110 0.0275938 *
idDEU 2.2168e+01 5.1501e+00 4.3044 2.103e-05 ***
idDNK 1.3983e+01 4.3596e+00 3.2074 0.0014459 **
idESP 8.3341e+00 3.0529e+00 2.7299 0.0066131 **
idFIN -3.1627e-02 2.9808e+00 -0.0106 0.9915396
idFRA 1.5546e+00 3.1054e+00 0.5006 0.6169154
idGBR 1.0918e+01 3.1666e+00 3.4480 0.0006241 ***
idIND -7.2740e+01 2.6712e+01 -2.7231 0.0067480 **
idISR 9.4188e-02 2.9751e+00 0.0317 0.9747594
idITA 4.5358e-01 3.0670e+00 0.1479 0.8825037
idJPN 1.1042e+01 5.5132e+00 2.0028 0.0458676 *
idKOR 5.3394e+00 1.1444e+01 0.4666 0.6410587
idNLD 4.2862e+00 2.9708e+00 1.4428 0.1498588
idNOR 1.9197e+00 2.9828e+00 0.6436 0.5202061
idRUS -8.1998e+00 4.0083e+00 -2.0457 0.0414326 *
idSGP 1.4673e+00 2.9830e+00 0.4919 0.6230557
idSWE 7.4087e-01 2.9721e+00 0.2493 0.8032728
idTWN 1.3132e+00 2.9594e+00 0.4437 0.6574698
idUSA 4.6967e+00 7.3596e+00 0.6382 0.5237210
time2001 -1.4818e+00 2.7804e+00 -0.5329 0.5943761
time2002 -2.8262e+00 2.7773e+00 -1.0176 0.3094600
time2003 -1.8223e+00 2.7782e+00 -0.6559 0.5122407
time2004 -2.2757e+00 2.7782e+00 -0.8191 0.4131897
time2005 -1.3090e+00 2.7798e+00 -0.4709 0.6379719
time2006 3.1536e+00 2.7840e+00 1.1327 0.2579995
time2007 2.9108e+00 2.8123e+00 1.0350 0.3012719
time2008 7.0596e+00 2.8534e+00 2.4742 0.0137652 *
time2009 9.3743e+00 2.8210e+00 3.3230 0.0009716 ***
time2010 4.4659e+00 2.9088e+00 1.5353 0.1254937
time2011 6.9272e+00 2.8906e+00 2.3965 0.0170084 *
time2012 -1.4876e+00 2.8919e+00 -0.5144 0.6072516
time2013 -2.1248e+00 2.8945e+00 -0.7341 0.4633307
time2014 -1.3323e+00 2.8466e+00 -0.4680 0.6400216
time2015 -1.7448e+00 2.8379e+00 -0.6148 0.5390219
time2016 -4.7744e-01 2.8859e+00 -0.1654 0.8686824
time2017 2.7834e+00 2.8643e+00 0.9718 0.3317448
time2018 -2.4819e+00 2.8777e+00 -0.8625 0.3889433
time2019 -5.1302e-01 2.9052e+00 -0.1766 0.8599193
iis141 3.2055e+01 9.8719e+00 3.2471 0.0012630 **
iis143 1.0357e+02 9.8380e+00 10.5272 < 2.2e-16 ***
iis146 -8.8313e+01 9.9382e+00 -8.8862 < 2.2e-16 ***
iis149 4.1277e+01 9.8385e+00 4.1955 3.350e-05 ***
iis152 -5.4061e+01 9.8728e+00 -5.4758 7.669e-08 ***
iis160 3.0776e+01 1.0796e+01 2.8506 0.0045871 **
iis162 5.0359e+01 1.0790e+01 4.6671 4.162e-06 ***
iis164 -4.2153e+01 1.0881e+01 -3.8741 0.0001248 ***
iis165 -4.4921e+01 1.0784e+01 -4.1656 3.800e-05 ***
iis168 4.6751e+01 1.0760e+01 4.3449 1.765e-05 ***
iis170 7.8931e+01 1.3195e+01 5.9817 4.868e-09 ***
iis314 6.4396e+01 9.5898e+00 6.7151 6.393e-11 ***
iis463 1.0908e+02 9.8774e+00 11.0433 < 2.2e-16 ***
iis464 8.5974e+01 1.0012e+01 8.5868 < 2.2e-16 ***
iis465 1.4627e+02 1.0195e+01 14.3470 < 2.2e-16 ***
iis466 7.6357e+01 1.0817e+01 7.0592 7.346e-12 ***
iis469 1.0817e+02 1.3197e+01 8.1964 3.314e-15 ***
iis473 8.7299e+01 1.1417e+01 7.6465 1.524e-13 ***
fesisDEU.2006 3.4951e+01 5.5504e+00 6.2970 7.924e-10 ***
fesisDNK.2007 5.8536e+01 7.0824e+00 8.2650 2.029e-15 ***
fesisDNK.2012 -2.6797e+01 7.6075e+00 -3.5224 0.0004764 ***
fesisDNK.2018 -2.8136e+01 1.0855e+01 -2.5921 0.0098855 **
fesisUSA.2013 -3.2770e+01 1.0235e+01 -3.2018 0.0014737 **
fesisUSA.2015 4.0597e+01 1.1522e+01 3.5234 0.0004747 ***
fesisUSA.2017 -2.5642e+01 9.3188e+00 -2.7516 0.0061969 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 2.6377 1 0.1044
Ljung-Box ARCH(1) 46.6919 1 8.307e-12 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 9.11890
R-squared 0.98392
Log-lik.(n=475) -1688.41183 0.05
Formula: count_wind~ gdp + pop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:41:42 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 7.2641e-01 1.6327e-02 44.4929 < 2.2e-16 ***
gdp 2.0628e-15 6.9019e-15 0.2989 0.7651976
pop 3.4387e-08 1.9890e-08 1.7289 0.0846077 .
idAUT 7.2467e-01 2.6050e+00 0.2782 0.7810186
idBEL -1.7762e-01 2.6003e+00 -0.0683 0.9455757
idBRA -7.5350e+00 4.3272e+00 -1.7413 0.0824042 .
idCAN 2.3260e+00 2.6057e+00 0.8926 0.3725929
idCHE -3.7877e-02 2.6061e+00 -0.0145 0.9884111
idCHN -3.2183e+01 2.6052e+01 -1.2353 0.2174388
idDEU 2.9535e+01 4.9013e+00 6.0259 3.850e-09 ***
idDNK 1.3993e+01 3.8183e+00 3.6648 0.0002812 ***
idESP 7.7933e+00 3.2116e+00 2.4266 0.0156868 *
idFIN -5.4152e-01 2.6119e+00 -0.2073 0.8358602
idFRA 2.9687e+00 2.7303e+00 1.0873 0.2775655
idGBR 1.2737e+01 2.7896e+00 4.5660 6.646e-06 ***
idIND -3.9189e+01 2.4289e+01 -1.6134 0.1074444
idISR -3.3506e-01 2.6065e+00 -0.1285 0.8977803
idITA 1.6206e+00 2.6937e+00 0.6016 0.5477685
idJPN 1.4126e+01 5.2441e+00 2.6936 0.0073680 **
idKOR 6.1772e+00 1.0038e+01 0.6154 0.5386389
idNLD 4.3358e+00 2.6022e+00 1.6662 0.0964688 .
idNOR 1.4668e+00 2.6137e+00 0.5612 0.5749697
idRUS -4.9036e+00 3.5718e+00 -1.3728 0.1705771
idSGP 1.0322e+00 2.6138e+00 0.3949 0.6931191
idSWE 4.2054e-01 2.6035e+00 0.1615 0.8717599
idTWN 1.4018e+00 2.5916e+00 0.5409 0.5888830
idUSA 1.6218e+01 6.5996e+00 2.4574 0.0144212 *
time2001 -1.3303e+00 2.4374e+00 -0.5458 0.5855172
time2002 -2.5895e+00 2.4350e+00 -1.0635 0.2882158
time2003 -1.5329e+00 2.4360e+00 -0.6293 0.5295286
time2004 -1.9213e+00 2.4364e+00 -0.7886 0.4308200
time2005 -7.9218e-02 2.4545e+00 -0.0323 0.9742695
time2006 3.5953e+00 2.4423e+00 1.4721 0.1417871
time2007 3.4795e+00 2.4683e+00 1.4097 0.1594172
time2008 8.0277e+00 2.5055e+00 3.2040 0.0014652 **
time2009 1.0332e+01 2.4817e+00 4.1632 3.853e-05 ***
time2010 5.7345e+00 2.5571e+00 2.2426 0.0254744 *
time2011 6.3358e+00 2.5539e+00 2.4809 0.0135209 *
time2012 -2.1710e+00 2.5554e+00 -0.8496 0.3960650
time2013 -1.0877e+00 2.5490e+00 -0.4267 0.6698258
time2014 3.0152e-01 2.5144e+00 0.1199 0.9046095
time2015 1.4827e-01 2.5007e+00 0.0593 0.9527509
time2016 6.4235e-01 2.5323e+00 0.2537 0.7998875
time2017 4.3281e+00 2.5274e+00 1.7124 0.0876007 .
time2018 -1.8937e+00 2.5724e+00 -0.7362 0.4620741
time2019 3.1952e-01 2.5589e+00 0.1249 0.9006931
iis138 -2.0597e+01 9.1127e+00 -2.2602 0.0243485 *
iis141 2.7803e+01 8.9861e+00 3.0939 0.0021153 **
iis143 1.0011e+02 8.9527e+00 11.1825 < 2.2e-16 ***
iis146 -7.1677e+01 9.5372e+00 -7.5155 3.816e-13 ***
iis149 5.5951e+01 9.4325e+00 5.9318 6.538e-09 ***
iis151 4.7168e+01 9.4411e+00 4.9961 8.796e-07 ***
iis152 -3.7826e+01 9.4796e+00 -3.9903 7.862e-05 ***
iis160 2.9210e+01 9.4596e+00 3.0878 0.0021582 **
iis162 5.0008e+01 9.4514e+00 5.2910 2.018e-07 ***
iis164 -3.7908e+01 9.5446e+00 -3.9716 8.479e-05 ***
iis165 -4.3571e+01 9.4473e+00 -4.6121 5.390e-06 ***
iis168 4.7099e+01 9.4257e+00 4.9968 8.764e-07 ***
iis170 7.8559e+01 1.1568e+01 6.7910 4.091e-11 ***
iis314 5.1123e+01 8.9795e+00 5.6933 2.431e-08 ***
iis322 -2.3758e+01 9.4297e+00 -2.5196 0.0121431 *
iis463 1.0684e+02 8.5607e+00 12.4798 < 2.2e-16 ***
iis464 8.5133e+01 8.6489e+00 9.8432 < 2.2e-16 ***
iis465 1.4650e+02 8.8040e+00 16.6399 < 2.2e-16 ***
iis466 7.8056e+01 9.3637e+00 8.3360 1.280e-15 ***
iis469 7.5404e+01 8.7180e+00 8.6493 < 2.2e-16 ***
iis470 -3.2764e+01 8.8553e+00 -3.6999 0.0002462 ***
iis473 8.5994e+01 1.0005e+01 8.5953 < 2.2e-16 ***
fesisCHN.2016 2.4993e+01 4.8250e+00 5.1799 3.542e-07 ***
fesisDEU.2006 3.5632e+01 5.7508e+00 6.1960 1.453e-09 ***
fesisDEU.2013 -1.8675e+01 5.9684e+00 -3.1290 0.0018837 **
fesisDNK.2007 6.1325e+01 6.2382e+00 9.8305 < 2.2e-16 ***
fesisDNK.2012 -2.8300e+01 6.6706e+00 -4.2424 2.756e-05 ***
fesisDNK.2018 -2.6136e+01 9.5191e+00 -2.7456 0.0063152 **
fesisESP.2011 3.6196e+01 6.3247e+00 5.7230 2.069e-08 ***
fesisESP.2013 -4.1880e+01 6.5540e+00 -6.3900 4.665e-10 ***
fesisJPN.2010 1.3807e+01 4.6860e+00 2.9464 0.0034053 **
fesisJPN.2016 -2.0964e+01 5.9737e+00 -3.5095 0.0005006 ***
fesisUSA.2017 -1.8039e+01 6.4043e+00 -2.8167 0.0050946 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.88141 1 0.3478
Ljung-Box ARCH(1) 33.61180 1 6.728e-09 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 7.98551
R-squared 0.98791
Log-lik.(n=475) -1621.36925 Log Count Wind
0.01
Formula: log_count_wind~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:40:57 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.394207 0.037967 10.3828 < 2.2e-16 ***
lgdp 1.037082 0.197643 5.2472 2.471e-07 ***
lpop -2.859649 0.751205 -3.8068 0.0001621 ***
idAUT 0.615256 0.797398 0.7716 0.4408034
idBEL 0.030940 0.588693 0.0526 0.9581098
idBRA 5.476095 1.673631 3.2720 0.0011574 **
idCAN 2.262772 0.537328 4.2112 3.119e-05 ***
idCHE -1.391330 0.774361 -1.7967 0.0731048 .
idCHN 10.016512 2.969958 3.3726 0.0008147 ***
idDEU 5.754420 1.094731 5.2565 2.357e-07 ***
idDNK -2.351216 1.064299 -2.2092 0.0277098 *
idESP 4.095435 0.748824 5.4692 7.837e-08 ***
idFIN -1.658223 1.003852 -1.6519 0.0993215 .
idFRA 4.087295 0.932124 4.3849 1.473e-05 ***
idGBR 4.670985 0.927520 5.0360 7.110e-07 ***
idIND 8.316947 2.885026 2.8828 0.0041470 **
idISR -2.035842 0.810909 -2.5106 0.0124340 *
idITA 3.843598 0.880576 4.3649 1.609e-05 ***
idJPN 1.126353 1.441742 0.7812 0.4351050
idKOR -3.162119 1.286421 -2.4581 0.0143772 *
idNLD 1.346047 0.428070 3.1445 0.0017839 **
idNOR -4.132856 1.195219 -3.4578 0.0006010 ***
idRUS 1.840322 1.409150 1.3060 0.1922844
idSGP -2.752284 1.144690 -2.4044 0.0166377 *
idSWE -2.668587 0.778191 -3.4292 0.0006661 ***
idTWN 1.561302 0.416352 3.7500 0.0002020 ***
idUSA 7.584660 1.952040 3.8855 0.0001189 ***
time2001 19.154272 11.581478 1.6539 0.0989117 .
time2002 19.287365 11.584930 1.6649 0.0966959 .
time2003 19.227352 11.594207 1.6584 0.0980025 .
time2004 19.358400 11.596267 1.6694 0.0958010 .
time2005 19.548159 11.600123 1.6852 0.0927097 .
time2006 19.784619 11.606714 1.7046 0.0890223 .
time2007 19.881775 11.609850 1.7125 0.0875548 .
time2008 20.104572 11.617008 1.7306 0.0842655 .
time2009 20.280278 11.623059 1.7448 0.0817563 .
time2010 20.180796 11.628694 1.7354 0.0834086 .
time2011 20.193352 11.633528 1.7358 0.0833451 .
time2012 20.063766 11.636867 1.7242 0.0854263 .
time2013 19.857295 11.641764 1.7057 0.0888150 .
time2014 19.890485 11.646553 1.7078 0.0884151 .
time2015 19.682597 11.651099 1.6893 0.0919084 .
time2016 19.875883 11.656345 1.7052 0.0889155 .
time2017 19.968375 11.660928 1.7124 0.0875686 .
time2018 19.700362 11.665558 1.6888 0.0920179 .
time2019 19.706584 11.669130 1.6888 0.0920147 .
iis21 -1.641691 0.392204 -4.1858 3.473e-05 ***
iis44 -1.747962 0.387618 -4.5095 8.473e-06 ***
iis56 1.162976 0.387708 2.9996 0.0028664 **
iis72 1.320965 0.387309 3.4106 0.0007118 ***
iis116 -1.551624 0.404715 -3.8339 0.0001458 ***
iis194 1.365391 0.388420 3.5152 0.0004879 ***
iis269 -1.210346 0.393745 -3.0739 0.0022524 **
iis382 1.095773 0.394900 2.7748 0.0057736 **
iis419 1.349455 0.389867 3.4613 0.0005934 ***
fesisAUS.2002 1.517907 0.436025 3.4812 0.0005522 ***
fesisAUS.2005 -0.943143 0.246006 -3.8338 0.0001458 ***
fesisAUT.2002 -1.011221 0.389629 -2.5953 0.0097855 **
fesisDNK.2006 0.710273 0.201751 3.5206 0.0004785 ***
fesisSGP.2007 1.483034 0.249987 5.9324 6.309e-09 ***
fesisSGP.2012 -1.241213 0.225589 -5.5021 6.588e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 1.1532 1 0.2829
Ljung-Box ARCH(1) 1.9117 1 0.1668
SE of regression 0.36897
R-squared 0.93787
Log-lik.(n=475) -169.90289 0.05
Formula: log_count_wind~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:41:41 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.313800 0.036834 8.5193 3.442e-16 ***
lgdp 0.960948 0.212185 4.5288 7.871e-06 ***
lpop -3.950730 0.735551 -5.3711 1.341e-07 ***
idAUT -1.471573 0.699918 -2.1025 0.0361440 *
idBEL -0.789251 0.557090 -1.4167 0.1573492
idBRA 8.102258 1.615306 5.0159 7.999e-07 ***
idCAN 2.866072 0.493172 5.8115 1.279e-08 ***
idCHE -2.490920 0.741280 -3.3603 0.0008546 ***
idCHN 14.906504 2.935686 5.0777 5.905e-07 ***
idDEU 7.540668 1.057267 7.1322 4.762e-12 ***
idDNK -3.586903 1.029257 -3.4849 0.0005476 ***
idESP 5.023264 0.709904 7.0760 6.832e-12 ***
idFIN -3.289075 0.977011 -3.3665 0.0008362 ***
idFRA 5.421004 0.891352 6.0818 2.813e-09 ***
idGBR 6.017625 0.888118 6.7757 4.526e-11 ***
idIND 12.359750 2.781450 4.4436 1.151e-05 ***
idISR -3.193248 0.779765 -4.0951 5.122e-05 ***
idITA 4.258331 0.899054 4.7365 3.040e-06 ***
idJPN 4.330834 1.516933 2.8550 0.0045313 **
idKOR -1.544395 1.373225 -1.1246 0.2614226
idNLD 1.098637 0.383147 2.8674 0.0043609 **
idNOR -5.718955 1.169875 -4.8885 1.482e-06 ***
idRUS 4.960689 1.433049 3.4616 0.0005957 ***
idSGP -4.673421 1.114602 -4.1929 3.404e-05 ***
idSWE -3.223418 0.762795 -4.2258 2.961e-05 ***
idTWN 1.645044 0.367368 4.4779 9.885e-06 ***
idUSA 10.928217 1.905249 5.7358 1.935e-08 ***
time2001 39.648616 11.449470 3.4629 0.0005929 ***
time2002 39.797114 11.456776 3.4737 0.0005704 ***
time2003 39.776289 11.464504 3.4695 0.0005790 ***
time2004 39.928433 11.470373 3.4810 0.0005554 ***
time2005 40.097815 11.474606 3.4945 0.0005289 ***
time2006 40.424235 11.484262 3.5200 0.0004820 ***
time2007 40.576337 11.485433 3.5329 0.0004598 ***
time2008 40.776904 11.491629 3.5484 0.0004343 ***
time2009 40.988687 11.498224 3.5648 0.0004089 ***
time2010 40.938740 11.504744 3.5584 0.0004186 ***
time2011 40.963195 11.509836 3.5590 0.0004177 ***
time2012 40.845505 11.513331 3.5477 0.0004355 ***
time2013 40.634563 11.517704 3.5280 0.0004681 ***
time2014 40.655185 11.521720 3.5286 0.0004671 ***
time2015 40.473655 11.524632 3.5119 0.0004964 ***
time2016 40.614911 11.530442 3.5224 0.0004778 ***
time2017 40.784954 11.534360 3.5360 0.0004546 ***
time2018 40.502598 11.540874 3.5095 0.0005008 ***
time2019 40.449337 11.543578 3.5041 0.0005108 ***
iis17 -0.870031 0.339863 -2.5599 0.0108410 *
iis20 1.060201 0.339747 3.1206 0.0019380 **
iis21 -1.536295 0.341337 -4.5008 8.924e-06 ***
iis26 -0.948231 0.337299 -2.8113 0.0051814 **
iis44 -1.783172 0.338019 -5.2754 2.191e-07 ***
iis45 0.709668 0.344470 2.0602 0.0400382 *
iis56 1.125235 0.337419 3.3348 0.0009345 ***
iis57 -0.784358 0.339894 -2.3077 0.0215357 *
iis72 1.030231 0.367093 2.8065 0.0052575 **
iis101 -1.108878 0.336691 -3.2935 0.0010791 **
iis194 1.284207 0.337192 3.8085 0.0001621 ***
iis197 -0.869839 0.337322 -2.5787 0.0102804 *
iis269 -1.245443 0.343990 -3.6206 0.0003323 ***
iis272 0.738086 0.339864 2.1717 0.0304734 *
iis281 -0.879937 0.338929 -2.5962 0.0097779 **
iis419 1.220766 0.348902 3.4989 0.0005206 ***
fesisAUS.2002 1.557393 0.378524 4.1144 4.729e-05 ***
fesisAUS.2005 -0.862265 0.215593 -3.9995 7.581e-05 ***
fesisBRA.2008 -0.540459 0.180905 -2.9875 0.0029884 **
fesisBRA.2015 0.596270 0.211574 2.8183 0.0050719 **
fesisCHN.2002 -1.297513 0.401415 -3.2324 0.0013311 **
fesisCHN.2004 1.359501 0.284345 4.7812 2.466e-06 ***
fesisDNK.2006 0.723761 0.175697 4.1194 4.632e-05 ***
fesisIND.2005 1.146170 0.366130 3.1305 0.0018752 **
fesisIND.2006 -1.127345 0.401164 -2.8102 0.0051983 **
fesisIND.2008 1.015679 0.258660 3.9267 0.0001017 ***
fesisITA.2002 0.816712 0.339260 2.4073 0.0165285 *
fesisJPN.2004 -0.718823 0.211939 -3.3917 0.0007650 ***
fesisKOR.2017 -0.703094 0.246995 -2.8466 0.0046500 **
fesisKOR.2019 0.995642 0.401824 2.4778 0.0136376 *
fesisNOR.2019 1.104416 0.337216 3.2751 0.0011497 **
fesisRUS.2004 -0.819343 0.225595 -3.6319 0.0003185 ***
fesisSGP.2007 1.739330 0.224594 7.7443 8.205e-14 ***
fesisSGP.2012 -1.235897 0.197624 -6.2538 1.044e-09 ***
fesisSWE.2010 -0.421204 0.157773 -2.6697 0.0079065 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 1.9021 1 0.16784
Ljung-Box ARCH(1) 5.2928 1 0.02141 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.31964
R-squared 0.95562
Log-lik.(n=475) -91.72557 Ihs Count Wind
0.01
Formula: ihs_count_wind~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:44:57 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.350947 0.038098 9.2117 < 2.2e-16 ***
lgdp 0.837536 0.235238 3.5604 0.0004132 ***
lpop -4.160123 0.880574 -4.7243 3.165e-06 ***
idAUT -0.341781 0.947686 -0.3606 0.7185456
idBEL -0.748593 0.701883 -1.0665 0.2867958
idBRA 8.659826 1.974065 4.3868 1.460e-05 ***
idCAN 3.308955 0.629410 5.2572 2.346e-07 ***
idCHE -2.594437 0.915689 -2.8333 0.0048314 **
idCHN 16.508492 3.536180 4.6685 4.103e-06 ***
idDEU 8.173761 1.290890 6.3319 6.299e-10 ***
idDNK -3.013990 1.232800 -2.4448 0.0149069 *
idESP 5.448798 0.871466 6.2525 1.005e-09 ***
idFIN -3.651973 1.203303 -3.0350 0.0025571 **
idFRA 6.013169 1.096756 5.4827 7.289e-08 ***
idGBR 6.577483 1.088451 6.0430 3.370e-09 ***
idIND 13.988933 3.410919 4.1012 4.947e-05 ***
idISR -3.202135 0.951938 -3.3638 0.0008402 ***
idITA 5.572246 1.033107 5.3937 1.162e-07 ***
idJPN 5.118774 1.789554 2.8604 0.0044453 **
idKOR -0.272703 1.586353 -0.1719 0.8635955
idNLD 1.263032 0.499963 2.5262 0.0118997 *
idNOR -5.585723 1.389518 -4.0199 6.915e-05 ***
idRUS 5.360061 1.715870 3.1238 0.0019104 **
idSGP -5.175331 1.369022 -3.7803 0.0001796 ***
idSWE -3.228302 0.899098 -3.5906 0.0003694 ***
idTWN 1.904743 0.481654 3.9546 9.013e-05 ***
idUSA 12.063683 2.327293 5.1836 3.407e-07 ***
time2001 46.539189 14.042624 3.3141 0.0010000 ***
time2002 46.746053 14.048115 3.3276 0.0009542 ***
time2003 46.671330 14.058822 3.3197 0.0009807 ***
time2004 46.867023 14.061953 3.3329 0.0009366 ***
time2005 47.114177 14.067396 3.3492 0.0008846 ***
time2006 47.441166 14.075519 3.3705 0.0008207 ***
time2007 47.564715 14.079940 3.3782 0.0007986 ***
time2008 47.783743 14.086285 3.3922 0.0007598 ***
time2009 47.993955 14.093462 3.4054 0.0007250 ***
time2010 47.912112 14.101206 3.3977 0.0007451 ***
time2011 47.947490 14.107393 3.3987 0.0007424 ***
time2012 47.822947 14.111527 3.3889 0.0007688 ***
time2013 47.595962 14.117316 3.3715 0.0008178 ***
time2014 47.641116 14.122900 3.3733 0.0008124 ***
time2015 47.393917 14.128407 3.3545 0.0008682 ***
time2016 47.645958 14.134661 3.3709 0.0008195 ***
time2017 47.754237 14.140694 3.3771 0.0008017 ***
time2018 47.529917 14.146476 3.3598 0.0008520 ***
time2019 47.478623 14.150998 3.3551 0.0008662 ***
iis21 -2.050994 0.454191 -4.5157 8.235e-06 ***
iis44 -2.369700 0.448106 -5.2883 2.002e-07 ***
iis72 1.629347 0.448371 3.6339 0.0003142 ***
iis116 -2.188987 0.471433 -4.6433 4.609e-06 ***
iis194 1.677096 0.450074 3.7263 0.0002212 ***
iis269 -1.699958 0.456595 -3.7231 0.0002239 ***
iis382 1.301923 0.456812 2.8500 0.0045895 **
iis419 1.591584 0.451325 3.5265 0.0004681 ***
fesisAUS.2002 1.978749 0.504830 3.9196 0.0001037 ***
fesisAUS.2005 -1.034877 0.285295 -3.6274 0.0003220 ***
fesisAUT.2002 -1.261811 0.451001 -2.7978 0.0053848 **
fesisIND.2008 1.105446 0.232891 4.7466 2.852e-06 ***
fesisSGP.2007 2.094551 0.294668 7.1082 5.168e-12 ***
fesisSGP.2012 -1.339407 0.261092 -5.1300 4.457e-07 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 2.4586 1 0.11688
Ljung-Box ARCH(1) 3.7849 1 0.05172 .
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.42714
R-squared 0.93104
Log-lik.(n=475) -239.94059 0.05
Formula: ihs_count_wind~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:45:06 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.28729 0.03671 7.8258 4.693e-14 ***
lgdp 0.91164 0.23009 3.9621 8.820e-05 ***
lpop -3.98055 0.82432 -4.8289 1.968e-06 ***
idAUT -1.16444 0.80992 -1.4377 0.1513064
idBEL -0.50839 0.64597 -0.7870 0.4317456
idBRA 8.04974 1.83469 4.3875 1.474e-05 ***
idCAN 3.36722 0.56264 5.9847 4.878e-09 ***
idCHE -2.18873 0.84671 -2.5850 0.0100969 *
idCHN 15.49115 3.34617 4.6295 4.984e-06 ***
idDEU 8.19501 1.19219 6.8739 2.455e-11 ***
idDNK -3.07980 1.15346 -2.6700 0.0078979 **
idESP 5.54203 0.79366 6.9828 1.236e-11 ***
idFIN -3.57964 1.12395 -3.1849 0.0015633 **
idFRA 5.95896 1.00917 5.9048 7.628e-09 ***
idGBR 6.59032 1.00021 6.5889 1.422e-10 ***
idIND 12.69080 3.19130 3.9767 8.315e-05 ***
idISR -2.89531 0.88031 -3.2889 0.0010961 **
idITA 4.45078 1.01851 4.3699 1.592e-05 ***
idJPN 5.25846 1.76885 2.9728 0.0031321 **
idKOR -0.74209 1.55054 -0.4786 0.6324847
idNLD 1.52982 0.44264 3.4561 0.0006076 ***
idNOR -5.32129 1.29680 -4.1034 4.950e-05 ***
idRUS 4.86167 1.62139 2.9985 0.0028856 **
idSGP -4.78389 1.27940 -3.7392 0.0002120 ***
idSWE -1.89732 0.85260 -2.2253 0.0266239 *
idTWN 2.03524 0.41911 4.8561 1.730e-06 ***
idUSA 11.69971 2.17499 5.3792 1.286e-07 ***
time2001 41.54095 13.30590 3.1220 0.0019288 **
time2002 41.59236 13.31175 3.1245 0.0019130 **
time2003 41.70123 13.32220 3.1302 0.0018770 **
time2004 41.83511 13.32762 3.1390 0.0018231 **
time2005 42.01729 13.33447 3.1510 0.0017513 **
time2006 42.29422 13.34685 3.1689 0.0016499 **
time2007 42.51647 13.34698 3.1855 0.0015602 **
time2008 42.71620 13.35383 3.1988 0.0014916 **
time2009 42.97120 13.35764 3.2170 0.0014026 **
time2010 42.90327 13.36514 3.2101 0.0014357 **
time2011 42.93693 13.37117 3.2112 0.0014305 **
time2012 42.81672 13.37497 3.2013 0.0014793 **
time2013 42.57550 13.38059 3.1819 0.0015792 **
time2014 42.59805 13.38613 3.1823 0.0015772 **
time2015 42.43155 13.39026 3.1688 0.0016500 **
time2016 42.55685 13.39687 3.1766 0.0016074 **
time2017 42.70631 13.40182 3.1866 0.0015543 **
time2018 42.39804 13.40855 3.1620 0.0016881 **
time2019 42.41461 13.41106 3.1627 0.0016845 **
iis2 1.05894 0.41215 2.5693 0.0105568 *
iis17 -0.95704 0.39347 -2.4323 0.0154472 *
iis20 1.12710 0.38930 2.8952 0.0039997 **
iis21 -1.97136 0.39212 -5.0274 7.562e-07 ***
iis26 -1.13014 0.38694 -2.9207 0.0036937 **
iis44 -2.22548 0.38828 -5.7317 1.979e-08 ***
iis45 0.86798 0.39712 2.1857 0.0294282 *
iis56 1.29315 0.38704 3.3411 0.0009142 ***
iis57 -0.89528 0.39009 -2.2951 0.0222545 *
iis63 1.08923 0.39033 2.7905 0.0055179 **
iis72 1.16501 0.42171 2.7626 0.0060035 **
iis101 -1.36637 0.38685 -3.5321 0.0004612 ***
iis194 1.38693 0.39037 3.5529 0.0004272 ***
iis197 -1.13866 0.38935 -2.9245 0.0036491 **
iis269 -1.74962 0.39481 -4.4316 1.214e-05 ***
iis272 0.92451 0.39073 2.3661 0.0184580 *
iis281 -1.20369 0.38932 -3.0918 0.0021310 **
iis382 1.29222 0.39490 3.2723 0.0011609 **
iis395 -1.07507 0.38685 -2.7790 0.0057130 **
iis437 -1.01636 0.38766 -2.6218 0.0090859 **
fesisAUS.2002 1.51646 0.40829 3.7142 0.0002333 ***
fesisAUS.2009 -0.50791 0.20943 -2.4252 0.0157486 *
fesisBRA.2015 0.53942 0.21924 2.4605 0.0143043 *
fesisCHN.2002 -1.60046 0.46032 -3.4768 0.0005639 ***
fesisCHN.2004 1.90343 0.32312 5.8907 8.253e-09 ***
fesisDNK.2006 0.75979 0.20061 3.7873 0.0001760 ***
fesisFIN.2004 0.54513 0.24174 2.2550 0.0246803 *
fesisIND.2005 0.74100 0.29006 2.5546 0.0110047 *
fesisIND.2008 0.77686 0.25650 3.0287 0.0026178 **
fesisITA.2002 1.13342 0.38943 2.9104 0.0038144 **
fesisJPN.2004 -0.75495 0.24351 -3.1003 0.0020722 **
fesisNOR.2019 1.16051 0.38714 2.9976 0.0028933 **
fesisSGP.2007 2.21855 0.25895 8.5675 2.420e-16 ***
fesisSGP.2012 -1.44526 0.22718 -6.3618 5.540e-10 ***
fesisSWE.2003 -1.11567 0.28834 -3.8693 0.0001277 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.83516 1 0.36078
Ljung-Box ARCH(1) 6.50751 1 0.01074 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.36678
R-squared 0.95172
Log-lik.(n=475) -157.08029 Max Count Wind
0.01
Formula: max_count_wind~ lgdp + lpop
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Mon Feb 5 11:45:54 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.7354509 0.0175380 41.9346 < 2.2e-16 ***
lgdp 0.0432703 0.0105259 4.1109 4.781e-05 ***
lpop -0.1132272 0.0404892 -2.7965 0.0054143 **
idAUT -0.0393728 0.0362933 -1.0849 0.2786376
idBEL -0.0197489 0.0272535 -0.7246 0.4690954
idBRA 0.2084204 0.0856399 2.4337 0.0153809 *
idCAN 0.0506647 0.0187351 2.7043 0.0071362 **
idCHE -0.0760611 0.0394210 -1.9295 0.0543779 .
idCHN 0.3688903 0.1560649 2.3637 0.0185684 *
idDEU 0.1977774 0.0556179 3.5560 0.0004214 ***
idDNK -0.1304745 0.0568771 -2.2940 0.0223072 *
idESP 0.1253856 0.0324036 3.8695 0.0001272 ***
idFIN -0.0744230 0.0527884 -1.4098 0.1593610
idFRA 0.1216783 0.0434177 2.8025 0.0053161 **
idGBR 0.1494936 0.0430769 3.4704 0.0005760 ***
idIND 0.2929974 0.1512897 1.9367 0.0534868 .
idISR -0.1007648 0.0417352 -2.4144 0.0162077 *
idITA 0.1164393 0.0405042 2.8747 0.0042584 **
idJPN 0.0095105 0.0738476 0.1288 0.8975922
idKOR -0.1753014 0.0654902 -2.6768 0.0077380 **
idNLD 0.0170162 0.0134855 1.2618 0.2077480
idNOR -0.1935169 0.0640117 -3.0232 0.0026618 **
idRUS 0.0446384 0.0705055 0.6331 0.5270157
idSGP -0.0988765 0.0563631 -1.7543 0.0801449 .
idSWE -0.1335953 0.0395789 -3.3754 0.0008088 ***
idTWN 0.0318780 0.0098786 3.2270 0.0013536 **
idUSA 0.2557969 0.1008993 2.5352 0.0116174 *
time2001 0.6977450 0.6229460 1.1201 0.2633513
time2002 0.6943541 0.6232271 1.1141 0.2658904
time2003 0.6968208 0.6234549 1.1177 0.2643728
time2004 0.6948985 0.6237294 1.1141 0.2659009
time2005 0.6968849 0.6240113 1.1168 0.2647544
time2006 0.7075672 0.6243815 1.1332 0.2577935
time2007 0.7062131 0.6247622 1.1304 0.2589939
time2008 0.7179955 0.6251755 1.1485 0.2514574
time2009 0.7260226 0.6255681 1.1606 0.2465010
time2010 0.7133311 0.6259428 1.1396 0.2551271
time2011 0.7192578 0.6263094 1.1484 0.2514836
time2012 0.6980430 0.6265832 1.1140 0.2659247
time2013 0.6963462 0.6267865 1.1110 0.2672417
time2014 0.7005785 0.6270421 1.1173 0.2645440
time2015 0.6996665 0.6272982 1.1154 0.2653603
time2016 0.7033698 0.6276835 1.1206 0.2631355
time2017 0.7101923 0.6279357 1.1310 0.2587314
time2018 0.6965036 0.6281821 1.1088 0.2681964
time2019 0.7026873 0.6283615 1.1183 0.2641131
iis141 0.0766576 0.0254170 3.0160 0.0027239 **
iis143 0.2606529 0.0253418 10.2855 < 2.2e-16 ***
iis146 -0.1791689 0.0286870 -6.2457 1.075e-09 ***
iis149 0.0762179 0.0283826 2.6854 0.0075450 **
iis152 -0.1687589 0.0283234 -5.9583 5.574e-09 ***
iis160 0.0778682 0.0267677 2.9090 0.0038267 **
iis162 0.1305270 0.0267532 4.8789 1.540e-06 ***
iis168 0.1193067 0.0266783 4.4720 1.009e-05 ***
iis170 0.2043706 0.0327132 6.2473 1.064e-09 ***
iis314 0.1561470 0.0239600 6.5170 2.151e-10 ***
iis463 0.2831131 0.0244854 11.5625 < 2.2e-16 ***
iis464 0.2257675 0.0248463 9.0865 < 2.2e-16 ***
iis465 0.3829693 0.0253266 15.1212 < 2.2e-16 ***
iis466 0.2046189 0.0269462 7.5936 2.199e-13 ***
iis469 0.2805471 0.0327079 8.5774 < 2.2e-16 ***
iis473 0.2258131 0.0283013 7.9789 1.557e-14 ***
fesisDEU.2006 0.0945564 0.0154195 6.1323 2.073e-09 ***
fesisDEU.2013 -0.0578830 0.0194440 -2.9769 0.0030879 **
fesisDEU.2016 0.0742866 0.0231751 3.2054 0.0014562 **
fesisDNK.2007 0.1547590 0.0175947 8.7958 < 2.2e-16 ***
fesisDNK.2012 -0.1801473 0.0212638 -8.4720 4.602e-16 ***
fesisDNK.2014 0.1085506 0.0213009 5.0961 5.347e-07 ***
fesisDNK.2018 -0.0728734 0.0269147 -2.7076 0.0070669 **
fesisJPN.2016 -0.0521060 0.0134841 -3.8643 0.0001299 ***
fesisUSA.2013 -0.0796466 0.0254320 -3.1317 0.0018648 **
fesisUSA.2015 0.1030856 0.0285687 3.6083 0.0003470 ***
fesisUSA.2017 -0.0653446 0.0231072 -2.8279 0.0049200 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.71924 1 0.3964
Ljung-Box ARCH(1) 57.33383 1 3.675e-14 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.02260
R-squared 0.98524
Log-lik.(n=475) 1162.56956 0.05
Formula: max_count_wind~ lgdp + lpop
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Mon Feb 5 11:45:55 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.7321759 0.0164457 44.5208 < 2.2e-16 ***
lgdp 0.0458723 0.0098713 4.6470 4.589e-06 ***
lpop -0.1171576 0.0378247 -3.0974 0.0020911 **
idAUT -0.0390142 0.0342401 -1.1394 0.2552112
idBEL -0.0188266 0.0257498 -0.7311 0.4651273
idBRA 0.2148521 0.0801688 2.6800 0.0076688 **
idCAN 0.0521335 0.0174823 2.9821 0.0030395 **
idCHE -0.0776022 0.0370147 -2.0965 0.0366682 *
idCHN 0.3767933 0.1464120 2.5735 0.0104292 *
idDEU 0.2121925 0.0522520 4.0609 5.890e-05 ***
idDNK -0.1368478 0.0530740 -2.5784 0.0102842 *
idESP 0.1236562 0.0303567 4.0734 5.595e-05 ***
idFIN -0.0746927 0.0497474 -1.5014 0.1340374
idFRA 0.1253467 0.0405772 3.0891 0.0021489 **
idGBR 0.1537089 0.0401836 3.8252 0.0001517 ***
idIND 0.2986550 0.1421612 2.1008 0.0362868 *
idISR -0.1036657 0.0390711 -2.6533 0.0082919 **
idITA 0.1202406 0.0378234 3.1790 0.0015937 **
idJPN -0.0094013 0.0710433 -0.1323 0.8947890
idKOR -0.1894365 0.0620440 -3.0533 0.0024161 **
idNLD 0.0183246 0.0127451 1.4378 0.1512849
idNOR -0.2009551 0.0596876 -3.3668 0.0008347 ***
idRUS 0.0419820 0.0667303 0.6291 0.5296260
idSGP -0.1005603 0.0529941 -1.8976 0.0584773 .
idSWE -0.1391734 0.0368273 -3.7791 0.0001816 ***
idTWN 0.0334664 0.0091668 3.6508 0.0002964 ***
idUSA 0.2663853 0.0945974 2.8160 0.0051052 **
time2001 0.6914176 0.5881765 1.1755 0.2404882
time2002 0.6880193 0.5884383 1.1692 0.2430128
time2003 0.6904551 0.5886547 1.1729 0.2415242
time2004 0.6884674 0.5889171 1.1690 0.2430891
time2005 0.6924784 0.5892138 1.1753 0.2405958
time2006 0.7013060 0.5895547 1.1896 0.2349335
time2007 0.7000498 0.5899187 1.1867 0.2360601
time2008 0.7121215 0.5902811 1.2064 0.2283775
time2009 0.7201238 0.5906274 1.2193 0.2234724
time2010 0.7070874 0.5910070 1.1964 0.2322501
time2011 0.7079126 0.5913509 1.1971 0.2319777
time2012 0.6863170 0.5916117 1.1601 0.2467134
time2013 0.6898085 0.5919302 1.1654 0.2445752
time2014 0.6935528 0.5921721 1.1712 0.2422203
time2015 0.6933641 0.5924207 1.1704 0.2425456
time2016 0.6976050 0.5927326 1.1769 0.2399284
time2017 0.7064463 0.5929703 1.1914 0.2342206
time2018 0.6903026 0.5932132 1.1637 0.2452579
time2019 0.6959784 0.5933870 1.1729 0.2415427
iis138 -0.0520560 0.0238583 -2.1819 0.0297038 *
iis141 0.0737299 0.0235124 3.1358 0.0018415 **
iis143 0.2587229 0.0234289 11.0429 < 2.2e-16 ***
iis146 -0.1848819 0.0249622 -7.4065 7.853e-13 ***
iis149 0.1429104 0.0246825 5.7900 1.432e-08 ***
iis151 0.1194452 0.0246996 4.8359 1.899e-06 ***
iis152 -0.1005338 0.0247931 -4.0549 6.038e-05 ***
iis160 0.0753767 0.0247549 3.0449 0.0024826 **
iis162 0.1293428 0.0247341 5.2293 2.758e-07 ***
iis164 -0.0972695 0.0249898 -3.8924 0.0001164 ***
iis165 -0.1114031 0.0247245 -4.5058 8.711e-06 ***
iis168 0.1192293 0.0246647 4.8340 1.916e-06 ***
iis170 0.2035554 0.0302695 6.7248 6.145e-11 ***
iis314 0.1344554 0.0235077 5.7196 2.103e-08 ***
iis322 -0.0616705 0.0246761 -2.4992 0.0128505 *
iis463 0.2770935 0.0224002 12.3701 < 2.2e-16 ***
iis464 0.2204201 0.0226409 9.7355 < 2.2e-16 ***
iis465 0.3782795 0.0230507 16.4107 < 2.2e-16 ***
iis466 0.2011607 0.0245251 8.2023 3.313e-15 ***
iis469 0.1965377 0.0228311 8.6083 < 2.2e-16 ***
iis470 -0.0832640 0.0231906 -3.5904 0.0003715 ***
iis473 0.2229625 0.0261791 8.5168 3.433e-16 ***
fesisDEU.2006 0.0873113 0.0151222 5.7737 1.566e-08 ***
fesisDEU.2013 -0.0533295 0.0157117 -3.3943 0.0007574 ***
fesisDNK.2007 0.1579352 0.0163348 9.6686 < 2.2e-16 ***
fesisDNK.2012 -0.0738228 0.0174705 -4.2256 2.959e-05 ***
fesisDNK.2018 -0.0713754 0.0248874 -2.8679 0.0043520 **
fesisESP.2011 0.1003819 0.0166237 6.0385 3.577e-09 ***
fesisESP.2013 -0.1129562 0.0171889 -6.5714 1.568e-10 ***
fesisJPN.2010 0.0329091 0.0124561 2.6420 0.0085674 **
fesisJPN.2016 -0.0591644 0.0156890 -3.7711 0.0001873 ***
fesisUSA.2017 -0.0470150 0.0167352 -2.8093 0.0052097 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.078938 1 0.7787
Ljung-Box ARCH(1) 37.782542 1 7.909e-10 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.02090
R-squared 0.98754
Log-lik.(n=475) 1202.38626 Policy matching results
OECD policy data filtered for Electricity sector only.
Count
Ccmt
Energy
Solar
Wind
Logs
Ccmt
Energy
Solar
Wind
Breaks comparison
- Common countries across specifications (count vs log): China, South Korea, Denmark
Country comparison across techs and specifications:
Count (6 countries in tot):
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| China | x | x | x | |
| Germany | x | x | x | x |
| Japan | x | x | x | |
| South Korea | x | x | x | |
| USA | x | x | x | x |
| Denmark | x |
Log (10 countries in tot):
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| Australia | x | x | x | |
| Brasil | x | x | ||
| China | x | x | ||
| Denmark | x | x | x | |
| Singapore | x | x | x | |
| Spain | x | x | ||
| Russia | x | x | ||
| South Korea | x | |||
| Taiwan | x | |||
| Austria | x |
Brown count:
Same countries as old spec!
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| China | x | x | x | |
| Germany | x | x | x | x |
| Japan | x | x | ||
| South Korea | x | x | x | |
| USA | x | x | x | x |
| Denmark | x |
Brown log:
Here we have 3 new countries: Finland, Israel, India.
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| Australia | x | x | ||
| Brasil | x | x | ||
| China | x | x | x | |
| Denmark | x | x | ||
| Singapore | x | x | x | |
| Spain | x | x | ||
| Russia | x | |||
| South Korea | x | |||
| Taiwan | x | |||
| Austria | x | |||
| Finland | x | |||
| Israel | x | |||
| India | x |
Sign comparison across techs and specifications:
Count:
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| China | + | + | + | |
| Germany | +- | +- | -+ | + |
| Japan | -+ | + | - | |
| South Korea | + | - | + | |
| USA | ++- | +- | +- | -+- |
| Denmark | +– |
Log:
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| Australia | - | - | +- | |
| Brasil | -+ | + | ||
| China | + | + | ||
| Denmark | +-+ | + | + | |
| Singapore | + | +-+ | +- | |
| Spain | + | + | ||
| Russia | - | - | ||
| South Korea | + | |||
| Taiwan | + | |||
| Austria | - |
Brown count:
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| China | + | +- | + | |
| Germany | +- | +- | - | +-+ |
| Japan | + | - | ||
| South Korea | + | - | + | |
| USA | +- | +- | - | +- |
| Denmark | +- |
Brown log:
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| Australia | - | +- | ||
| Brasil | +- | + | ||
| China | + | + | + | |
| Denmark | +-+ | + | ||
| Singapore | ++- | +-+ | +- | |
| Spain | + | + | ||
| Russia | - | |||
| South Korea | + | |||
| Taiwan | + | |||
| Austria | - | |||
| Finland | - | |||
| Israel | - | |||
| India | + |
Year comparison:
Count:
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| China | 2013 | 2013 | 2015 | |
| Germany | 2006, 2012 | 2007, 2012 | 2012, 2014 | 2006 |
| Japan | 2008, 2009 | 2009 | 2012 | |
| South Korea | 2009 | 2014 | 2007 | |
| USA | 2005, 2012, 2014 | 2006, 2014 | 2006, 2011 | 2013, 2015, 2017 |
| Denmark | 2007, 2012, 2018 |
Log:
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| Australia | 2005 | 2005 | 2002, 2005 | |
| Brasil | 2008, 2010 | 2014 | ||
| China | 2015 | 2015 | ||
| Denmark | 2005, 2006, 2007 | 2005 | 2006 | |
| Singapore | 2003 | 2003, 2006, 2007 | 2007, 2012 | |
| Spain | 2003 | 2003 | ||
| Russia | 2007 | 2019 | ||
| South Korea | 2007 | |||
| Taiwan | 2006 | |||
| Austria | 2002 |
Brown count:
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| China | 2016 | 2015, 2019 | 2016 | |
| Germany | 2006, 2012 | 2007, 2012 | 2012 | 2006, 2013, 2016 |
| Japan | 2009 | 2012 | ||
| South Korea | 2009 | 2014 | 2007 | |
| USA | 2005, 2013 | 2006, 2011 | 2006 | 2007, 2014 |
| Denmark | 2007, 2012 |
Brown log:
| country | ccmt | energy | solar | wind |
|---|---|---|---|---|
| Australia | 2005 | 2002, 2005 | ||
| Brasil | 2005, 2007 | 2014 | ||
| China | 2015 | 2015 | 2015 | |
| Denmark | 2005, 2006, 2007 | 2006 | ||
| Singapore | 2003, 2008, 2010 | 2003, 2006, 2007 | 2007, 2012 | |
| Spain | 2003 | 2003 | ||
| Russia | 2007 | |||
| South Korea | 2007 | |||
| Taiwan | 2007 | |||
| Austria | 2002 | |||
| Finland | 2003 | |||
| Israel | 2018 | |||
| India | 2008 |